Dunning-Kruger effect in digitalization
The Dunning-Kruger effect is a psychological phenomenon that describes the tendency of people with low skill in a given field to overestimate their abilities, while people competent in that field tend to underestimate their abilities. In digitization and I4.0 (Industry 4.0), the Dunning-Kruger effect can manifest itself in different forms. For example, a person with little experience in a specific area of digitization might be convinced that they have more in-depth knowledge than they actually do. Similarly, a person who has only a superficial understanding of I4.0 could be confident that they have a comprehensive understanding of this field. This phenomenon can lead to errors and bad decisions, particularly when these people have the power to make important decisions within an organization. However, increased awareness of the Dunning-Kruger effect can help people avoid falling into this trap. It is important for people to recognize their own limitation and try to learn more abou...