Hindsight Is Not 20/20 – The Hindsight Fallacy
“The fallibility of memory is the reason the Hindsight Fallacy (also known as the knew-it-all-along phenomenon or creeping determinism) is so prevalent.
The hindsight fallacy is a cognitive bias that occurs when someone relies too heavily on past knowledge or experience when making predictions about the future. This bias can lead inaccurate predictions because it causes people to forget that their past understanding might not be accurate.”
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