Further: let's suppose, at least for the sake of argument, that you're very nearly right, that in our hypothetical HBD-is-right world you get scarcely any extra useful information from a person's race once you've looked at a few other equally trivial characteristics.
The issue isn't that there isn't extra useful information, the issue is that we're pretty terrible at quickly processing variable dependence to arrive at correct answers, where rapid processing is part of the situation in consideration.
In that kind of situation, clothing alone will tell you more than clothing plus race - not because you couldn't arrive at a better answer given more information, but because the additional information is almost certainly going to be overweighted by virtue of the brain not having a good intuitive handle on either dependent variables or small numbers.
Subscribe to RSS Feed
= f037147d6e6c911a85753b9abdedda8d)
There are also some examples of anti-sleepwalk bias:
1. World War I. The crisis unfolded over more than a month. Surely the diplomats will work something out right? Nope.
2. Germany's invasion of the Soviet Union in World War II. Surely some of Hitler's generals will speak up and persuade Hitler away from this crazy plan when Germany has not even finished the first part of the war against Britain. Surely Germany would not willingly put itself into another two-front war even after many generals had explicitly decided that Germany must never get involved in another two-front war ever again. Right? Nope.
3. The sinking of the Titanic. Surely, with over two and a half hours to react to the iceberg impact before the ship finished sinking, SURELY there would be enough time to get all of the lifeboats safely and calmly loaded up to near max capacity, right? NOPE. And going even further back to the decision to not put enough lifeboats on in the first place...SURELY the White Star Line must have a good reason for this. SURELY this means that the ship really is unsinkable, right? NOPE.
4. The 2008 financial crisis. SURELY the monetary authorities have solved the problem of preventing recessions and smoothing out the business cycle. So SURELY I as a private trader can afford to be as reckless as I want and not have to worry about systemic risk, etc.