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Timestamps are as accurate as they can be but may be slightly off. We encourage you to listen to the full context.
In this enlightening conversation, Nikola Tangen sits down with Sir David Spiegelhalter, the world's leading statistical communicator, to explore how humans navigate uncertainty in an increasingly complex world. Spiegelhalter breaks down the psychology of risk perception, sharing insights from his groundbreaking work during COVID-19 and revealing why people fear unknown risks more than familiar ones (04:23). The discussion spans from his revolutionary five-point crisis communication framework (17:55) to why politicians struggle with admitting uncertainty, and culminates with profound reflections on building resilience in an unpredictable world (55:00)—offering both professionals and young people a masterclass in statistical thinking applied to life's biggest decisions.
Cambridge University professor emeritus and former Winton Professor for the Public Understanding of Risk. World-renowned statistician who has authored bestselling books making complex statistics accessible to the public, advised on four major UK health scandals including the Harold Shipman case, and served as a key voice during COVID-19 pandemic communication.
CEO of the Norwegian Government Pension Fund Global (the world's largest sovereign wealth fund). Former hedge fund manager who built AKO Capital into a multi-billion dollar firm before taking leadership of Norway's $1.6 trillion oil fund.
Follow John Krebs' five-point crisis communication framework: state what you know, explicitly acknowledge what you don't know, explain what you're doing to learn more, give actionable guidance in the meantime, and emphasize that your advice will evolve. (18:39) Research shows this approach increases trust, especially among skeptics who are most critical to reach.
Create "red team" structures like Obama's bin Laden decision, where advisors don't communicate and hold wildly different probability estimates (30-40% vs 80-90% likelihood). (07:12) Individual judgment fails catastrophically at envisioning possible futures—systematic diversity becomes your strategic edge.
Adapt industrial quality control methods to monitor for outliers and early warning signals, just as the NHS now does for maternity units after detecting Harold Shipman's pattern of excess deaths years too late. (11:59) Don't wait for crises—embed continuous anomaly detection across your critical processes.
Anticipate how your numbers will be weaponized or cherry-picked by understanding your most skeptical audiences. Explicitly state what your data does NOT mean alongside what it does mean. (15:29) Once misinformation spreads through algorithms, backtracking becomes nearly impossible—prevention beats correction.
Take adventures and face uncertainty while covering major downsides—go camping alone on a moor, but bring proper kit and tell people your route. (56:02) Resilience develops through controlled exposure to situations where outcomes are genuinely uncertain, not through avoiding all risk or being recklessly overconfident.