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The ChatGPT Effect: How Will Our Skillset Evolve in the Age of AI?
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The ChatGPT Effect: How Will Our Skillset Evolve in the Age of AI?

Technology & Digital, Work & Employment

The ChatGPT Effect: How Will Our Skillset Evolve in the Age of AI?

In the digital age, technology has made life more convenient but has also led to the outsourcing of essential skills. The rise of ChatGPT, an AI language model, which offers multiple incredible abilities including enhanced writing abilities, raises the concern that it may diminish our ability to express ourselves properly and complete a task all by ourselves. Like the "Google Effect", we risk relying on AI to the point of losing our writing prowess and cognitive skills. To harness the benefits without sacrificing other skills, we must strike a balance between utilizing AI tools and nurturing our own abilities.

By Yael Mark|2023-07-05T01:57:26+00:00July 4th, 2023|Categories: Technology & Digital, Work & Employment|Tags: ai, artificial intelligence, cognition, creativity, decision making, internet, language, memory, technology|

How the Metaverse Is Designed to Hijack Your Circuits
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How the Metaverse Is Designed to Hijack Your Circuits

Society & Everyday Life, Technology & Digital

How the Metaverse Is Designed to Hijack Your Circuits

The most successful products of the digital revolution, principally those with social media components, have mirrored and exaggerated our ancient mental response mechanisms. With the coming metaverse and ‘web3’, psycho junk food supernormal stimuli may be about to take the exploitation of our Stone Age minds to a frightening next level.

By Eaon Pritchard|2022-03-31T01:36:33+00:00March 30th, 2022|Categories: Society & Everyday Life, Technology & Digital|Tags: behavioral science, evolutionary psychology, internet, technology|

Why We Use Less Information Than We Think to Make Decisions
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Why We Use Less Information Than We Think to Make Decisions

Behavioral Theory & Insights, Marketing & Consumer Behavior, Society & Everyday Life

Why We Use Less Information Than We Think to Make Decisions

How much information do you need to make up your mind? Our research in various domains of decision making shows that we make decisions more quickly and based on less information than we think. This has important implications in an age in which information is plentiful.

By Nadav Klein|2022-02-17T06:17:21+00:00April 3rd, 2019|Categories: Behavioral Theory & Insights, Marketing & Consumer Behavior, Society & Everyday Life|Tags: behavioral economics, bias, big data, consumer behavior, data science, dating, decision making, heuristic, information, information processing, internet, management, marketing, marriage, nudge, product trial, social psychology, stereotypes, stereotyping, system 1 & system 2, uncertainty, voting|

Three Ways the Internet of Things Is Shaping Consumer Behavior
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Three Ways the Internet of Things Is Shaping Consumer Behavior

Marketing & Consumer Behavior, Technology & Digital

Three Ways the Internet of Things Is Shaping Consumer Behavior

The interconnection of devices within the “Internet of Things” (IoT) creates new data sources. Companies can now better observe people’s choices and test the effectiveness of different mechanisms to activate and retain more customers. It may also help policymakers overcome one of the most frequent problems of policy design: the lack of personalized content. We argue that the IoT not only disrupts the way we track our actions and monitor our goals, but also allows the identification of effective methods to alter our behavior. This is optimized by the combination of IoT, data analytics and behavioral science.

By Diogo Gonçalves & Bernardo Nunes|2022-02-17T06:44:00+00:00February 28th, 2017|Categories: Marketing & Consumer Behavior, Technology & Digital|Tags: behavior change, behavioral finance, behavioral science, big data, consumer behavior, data analytics, data science, design, health, human machine interaction, internet, internet of things, marketing, nudge, nudging, personal finance, technology|

Big Data Is Nudging You
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Big Data Is Nudging You

Behavioral Theory & Insights, Marketing & Consumer Behavior, Technology & Digital

Big Data Is Nudging You

Slow to hit the purchase button? Here’s how you may be nudged to buy.

By Alain Samson|2022-02-17T06:50:42+00:00August 30th, 2016|Categories: Behavioral Theory & Insights, Marketing & Consumer Behavior, Technology & Digital|Tags: behavioral economics, big data, choice deferral, choice overload, consumer behavior, data science, ecommerce, inertia, internet, marketing, nudge, nudging, online privacy, overchoice, procrastination, regret aversion, scarcity, shopping|

Trust, the Sharing Economy and Behavioral Economics
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Trust, the Sharing Economy and Behavioral Economics

Business & Management, Morality & Prosocial Behavior, Technology & Digital

Trust, the Sharing Economy and Behavioral Economics

Getting trust right is critical to commerce and economic growth. Evidence from behavioral economics can help guide the way.

By D'Arcy Coolican & Lucas Coffman|2022-02-17T06:51:49+00:00July 14th, 2016|Categories: Business & Management, Morality & Prosocial Behavior, Technology & Digital|Tags: airbnb, behavioral science, ethics, internet, reciprocity, sharing economy, social media, social preferences, social psychology, technology, trust, uber|

Five Reasons Why We Compromise Our Privacy Online
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Five Reasons Why We Compromise Our Privacy Online

Behavioral Theory & Insights, Marketing & Consumer Behavior, Technology & Digital

Five Reasons Why We Compromise Our Privacy Online

Historically, most of us have been concerned about information privacy on the internet. But when it comes to our actual behavior, many of us liberally share personal information online, a finding termed the ‘privacy paradox’ in the academic literature. Why this apparent gap between attitudes and behavior?

By Alain Samson|2022-02-17T07:04:55+00:00October 21st, 2015|Categories: Behavioral Theory & Insights, Marketing & Consumer Behavior, Technology & Digital|Tags: behavioral economics, behavioral science, big data, choice architecture, data science, emotions, ethics, framing, heuristic, internet, nudge, nudging, online privacy, opt in, opt out, personal data, present bias, social influence, social psychology, technology|