Nov 11, 2020

Rolf Dobelli on how news media distorts risk assessement

As a result of news, we walk around with the completely wrong risk map in our heads.
  • Terrorism is overrated.  Chronic stress is underrated.
  • The collapse of Lehman Brothers is overrated.  Fiscal irresponsibility is underrated.
  • Astronauts are overrated.  Nurses are underrated.
  • Britney Spears is overrated.  IPCC reports are underrated.
  • Airplane crashes are overrated.  Resistance to antibiotics is underrated.
We are not rational enough to be exposed to the news-mongering press.  It is a very dangerous thing, because the probabilistic mapping we get from consuming news is entirely different from the actual risks that we face.  Watching an airplane crash on television is going to change your attitude toward that risk regardless of its real probability, no matter your intellectual sophistication.  If you think you can compensate for this bias with the strength of your own inner contemplation, you are wrong.

~ Rolf Dobelli, "Avoid News," p. 2, 2010



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