The Advice Paradox: Why Most Advice You Get is Worthless
00:00:00.000 | And the advice paradox is the idea that we all get and receive a whole lot of advice
00:00:06.020 | over the course of our lives.
00:00:07.500 | Most of it is complete garbage.
00:00:10.200 | And the more advice you take, the less well-informed you actually are.
00:00:15.480 | This is something that's counterintuitive.
00:00:16.760 | You think like, oh, I'm just starting out in my life, I need to go and get tons of advice
00:00:20.220 | from all these different people.
00:00:21.280 | And the reality is that for them, most of their maps that they're going to provide you
00:00:25.800 | with, the advice that they provide you being the map, are not going to match the terrain
00:00:29.720 | of your life.
00:00:30.720 | Your life is fundamentally very different than whatever it is you're going to encounter.
00:00:34.040 | Nassim Taleb talks about this idea of the noise bottleneck in some of his work, which
00:00:38.760 | basically says that you assume that by consuming more, you're going to get more signal as a
00:00:44.960 | result.
00:00:45.960 | But the reality is that by consuming more, and in this case, consuming more advice, the
00:00:50.280 | ratio of noise to signal actually increases over time.
00:00:54.200 | so what you're left with is a worse idea of what the overall answer is.