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When AI Makes Thinking Too Easy
AI facilitates System 1 thinking and may suppress System 2 thinking. This is a hypothesis that I have been reflecting on lately. As Daniel Kahneman explained in ๐๐ฉ๐ช๐ฏ๐ฌ๐ช๐ฏ๐จ, ๐๐ข๐ด๐ต ๐ข๐ฏ๐ฅ ๐๐ญ๐ฐ๐ธ, there are two types of thinking: ๐ฆ๐๐๐๐ฒ๐บ ๐ญ โ automatic and intuitive, but prone to mistakes๐ฆ๐๐๐๐ฒ๐บ ๐ฎ โ deliberate and thoughtful, but requires more… โ
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Rethinking ROI in Finance: Key Questions to Ask
โWhatโs the ROI?โย ๐ค This is a fair question that I have often asked during my FP&A career, but itโs not always the right one. To be clear, if the amount is large enough and/or the return is forecastable, then ROI is the right way to go.ย However, for โsmall-to-medium-sizedโ requests with uncertain payoffs, there is a… โ