Topic - Decision-making

Elon Musk has just come back from an interview with podcast host Joe Rogan. The topic of their conversation was Artificial Intelligence and Elon has been thinking about how people make decisions. He wants to know about the biases that people have and has asked you to help him out. Identify any 2 decision-making biases (ones that you think are interesting) covered in your Principles of Management lectures (either the content or applied lectures). In your response to Elon, explain what the biases are, why they are a problem, and identify something that can be done to minimise their impact (maximum 400 words).