LUCA Theory

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What is the Google Effect (also known as Digital Amnesia)? This is newer cognitive bias for sure - the onset of Google? - but this effect describes our tendency to forget things we find easily online Easy in, easy out In other words, things that we engrain in our knowledge and belief systems are much more easier remembered Choose your habits and knowledge wisely Want to learn more about the biases that effect your thinking? Let LUCA help - learn more on our website! #GoogleEffect #DigitalAmnesia #Digital #Amnesia #bias #consensus #decisionmaking #thinking #algorithm #machinelearning #artificialintelligence #collectiveintelligence #business #smallbusiness #mindset #investing #event #businessowner #personalfinance #askluca #biases #cognitivebiases

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What is the Gambler's Fallacy (also known as the Monte Carlo Fallacy)? The Gambler's Fallacy describes how we will think that, if something happened a lot in the past, it is less likely to happen in the future, even if the new event doesn't depend on previous events at all! The Monte Carlo Fallacy name comes from the most famous example of this fallacy, which occurred in the Monte Carlo Casino Want to learn more about the biases that effect your thinking? Let LUCA help - learn more on our website! #GamblersFallacy #MonteCarloFallacy #MonteCarlo #knowledge #bias #consensus #decisionmaking #thinking #algorithm #machinelearning #artificialintelligence #collectiveintelligence #business #smallbusiness #mindset #investing #event #businessowner #personalfinance #askluca #biases #cognitivebiases