A 2020 study published in the journal of Psychological Science explores the idea that fake news can actually help you remember real facts better.
- In 2019, researchers at Stanford Engineering analyzed the spread of fake news as if it were a strain of Ebola. They adapted a model for understanding diseases that can infect a person more than once to better understand how fake news spreads and gains traction.
- A new study published in 2020 explores the idea that fake news can actually help you remember real facts better.
- "These findings demonstrate one situation in which misinformation reminders can diminish the negative effects of fake-news exposure in the short term," researchers on the project explained.
Previous studies on misinformation have already paved the way to a better understanding<img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDU1NzQ4NC9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYxNjE2Mjg1Nn0.hs_xHktN1KXUDVoWpHIVBI2sMJy6aRK6tvBVFkqmYjk/img.jpg?width=1245&coordinates=0%2C800%2C0%2C800&height=700" id="8873f" class="rm-shortcode" data-rm-shortcode-id="246bb1920c0f40ccb15e123914de1ab1" data-rm-shortcode-name="rebelmouse-image" alt="fake news concept of misinformation and fake news in the media" />
How does misinformation spread?
Credit: Visual Generation on Shutterstock<p><strong>What is the "continued-influence" effect?</strong></p><p>A challenge in using corrections effectively is that repeating the misinformation can have negative consequences. Research on this effect (referred to as "continued-influence") has shown that information presented as factual that is later deemed false can still contaminate memory and reasoning. The persistence of the continued-influence effect has led researchers to generally recommend avoiding repeating misinformation. </p><p>"Repetition increases familiarity and believability of misinformation," <a href="https://engineering.stanford.edu/magazine/article/how-fake-news-spreads-real-virus" target="_blank" rel="noopener noreferrer">the study explains</a>.</p><p><strong>What is the "familiarity-backfire" effect?</strong></p><p>Studies of this effect have shown that increasing misinformation familiarity through extra exposure to it leads to misattributions of fluency when the context of said information cannot be recalled. <a href="https://journals.sagepub.com/doi/10.1177/0956797620952797#" target="_blank" rel="noopener noreferrer">A 2017 study</a> examined this effect in myth correction. Subjects rated beliefs in facts and myths of unclear veracity. Then, the facts were affirmed and myths corrected and subjects again made belief ratings. The results suggested a role for familiarity but the myth beliefs remained below pre-manipulation levels. </p>
New research into fake news has uncovered something interesting about misinformation<span style="display:block;position:relative;padding-top:56.25%;" class="rm-shortcode" data-rm-shortcode-id="ddeac998508e09fb9d1b4691d6c20d28"><iframe type="lazy-iframe" data-runner-src="https://www.youtube.com/embed/bJ5qUx1WOsg?rel=0" width="100%" height="auto" frameborder="0" scrolling="no" style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></span><p>A 2020 study published in the journal of <a href="https://journals.sagepub.com/doi/10.1177/0956797620952797" target="_blank">Psychological Science</a> explores the idea that fake news can actually help you remember real facts better.</p><p>Fake news exposure can cause misinformation to be mistakenly remembered and believed. In two experiments, the team (led by Christopher N. Wahlheim) examined whether reminders of misinformation could do the opposite: improve memory for and beliefs in corrections to that fake news. </p><p>The study had subjects reading factual statements and then separate misinformation statements taken from news websites. Then, the subjects read statements that corrected the misinformation. Some misinformation reminders appeared before some corrections but not all. Then, subjects were asked to recall facts, indicate their belief in those recalls, and indicate whether they remembered the corrections and misinformation. </p><p>The results of the study showed that reminders increased recall and belief accuracy. These benefits were greater both when misinformation was recalled and when the subjects remembered that corrections had occurred. </p><p>Researchers on the project <a href="https://journals.sagepub.com/doi/10.1177/0956797620952797" target="_blank" rel="noopener noreferrer">explained</a>: "These findings demonstrate one situation in which misinformation reminders can diminish the negative effects of fake-news exposure in the short term."</p><p><strong>The conclusion: fake-news misinformation that was corrected by fact-checked information can improve both memory and belief accuracy in real information.</strong></p><p>"We examined the effects of providing misinformation reminders before fake-news corrections on memory and belief accuracy. Our study included everyday fake-news misinformation that was corrected by fact-check-verified statements. Building on research using fictional, yet naturalistic, event narratives to show that reminders can counteract misinformation reliance in memory reports," <a href="https://journals.sagepub.com/doi/10.1177/0956797620952797" target="_blank" rel="noopener noreferrer">the researchers</a> explained.</p><p>"It suggests that there may be benefits to learning how someone was being misleading. This knowledge may inform strategies that people use to counteract high exposure to misinformation spread for political gain," <a href="https://www.eurekalert.org/pub_releases/2020-10/afps-rtf101620.php" target="_blank">Wahlheim said</a>.</p>
A new survey found that 27 percent of millennials are saving more money due to the pandemic, but most can't stay within their budgets.
Taking control of bad luck<p>According to <a href="https://themanifest.com/accounting/budgeting-money-tips-for-millennials" target="_blank">a recent survey by The Manifest</a>, a business news website, millennials agree with Cramer. The study found that, of millennials surveyed, their largest expenses were housing (66 percent), educational expenses (9 percent), and health insurance (6 percent). In light of the COVID-19 pandemic, millennials are using the remaining 19 percent of their paychecks to budget and increase their savings.</p><p>About a third of millennials said they are saving more money in response to the pandemic and creating new budgets for themselves. In fact, of all generations surveyed, millennials felt the most comfortable creating personal budgets. They were also willing to think critically and adjust budgets to match financial changes, both signs that this highly-educated generation is willing to learn and adapt.</p><p>Millennials still have a rough road ahead, though. According to the survey, about half of millennials make less than $50,000 a year. That puts them into the upper-lower or lower-middle <a href="https://www.pewresearch.org/fact-tank/2020/07/23/are-you-in-the-american-middle-class/#:~:text=In%202018%2C%20the%20national%20middle,(incomes%20in%202018%20dollars)." target="_blank">income class</a>, depending on where in the country they live. That matches <a href="https://www.bls.gov/opub/mlr/2019/article/time-use-of-millennials-and-nonmillennials.htm#:~:text=Among%20full%2Dtime%20wage%20and,with%2031%20percent%20of%20nonmillennials." target="_blank" rel="noopener noreferrer">BLS data</a>, which shows millennials earning less than older non-millennials. <a href="https://www.bls.gov/opub/mlr/2019/beyond-bls/the-kids-are-alright-millennials-and-the-economy.htm" target="_blank" rel="noopener noreferrer">The BLS also notes</a> that while millennials have less debt than GenXers, most of that is student loan debt rather than mortgages.</p><p>And despite their budgetary plans, only 11 percent of millennials surveyed were able to stay within budget, while uncertainty still looms in the future job market.<em></em></p><p>With all this said, there are caveats to The Manifest survey. It hosted a relatively small sample size, only surveying 502 Americans. Of those, millennials made up 22 percent of respondents. They weren't even the largest cohort in the study. That was the baby boomers at 32 percent. </p><p>This makes the survey more suggestive than indicative. But the suggestion is that millennials, to borrow a phrase from writer Vicki Robin, are ready to reinterpret their relationship with finances.</p>
A push for financial freedom<span style="display:block;position:relative;padding-top:56.25%;" class="rm-shortcode" data-rm-shortcode-id="a463513bfbe5a2b7d5bcc59f8be265a7"><iframe type="lazy-iframe" data-runner-src="https://www.youtube.com/embed/J-B-b393epk?rel=0" width="100%" height="auto" frameborder="0" scrolling="no" style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></span><p>While budgeting and financial savvy have always been important, the millennial generation will need to be far more critical of their relationship with the economy. What <a href="https://www.youtube.com/watch?v=T_tDthUWsVM" target="_blank" rel="noopener noreferrer">Robin calls the old roadmap</a>—the idea that "growth is good, more is better, game over"—is unlikely to support millennials as it did past generations. They'll need a new roadmap, charting both a new macro (the relationship between our economic and ecological footprints, for example) and micro (our individual relationships with money).</p><p>Because the macro is a whole other article, we'll stick with the micro here:</p><p><strong>1) Track and cut your spending</strong></p><p>The first step to financial freedom is to track your spending and cut unnecessary purchases. For Robin, these are often the things, services, and subscriptions that we buy out of habit, but we no longer consider whether they add value to our lives.</p><p>A pernicious modern example is the subscription economy. We subscribe to services for food, clothes, television, exercise, self-help, video games, bric-a-brac, computer programs, and on and on. These services quickly fade into the financial background as just another bill we pay. </p><p>But if we watch Netflix nine times out of ten, why pay for Hulu and Disney+ and HBO Max and CBS All access? Instead, every month or so, we should scrutinize our subscriptions to ask whether they still add value to our lives. If they don't, unsubscribe.</p><p><strong>2) Kill your debt</strong></p><p>Debt doesn't just take away money we could save elsewhere; it's also a self-replicating devourer of wealth. Your debt interest rates are almost certainly higher than your investment returns, especially on credit cards. Because of this, no matter your saving rituals, you're likely bleeding wealth the longer you remain in debt.</p><p>Instead, focus on removing debt from your life. Again, credit card debt especially. The good news is that most companies have hardship programs to help debtors. You can call them to see if they can lower your interest rates or provide other helpful services.</p><p>"Financial accommodations are generally readily available right now," Amy Thomann, the head of consumer credit education at TransUnion, <a href="https://www.nytimes.com/2020/08/29/at-home/manage-finances-save-money-millennials-coronavirus.html" target="_blank" rel="noopener noreferrer">told the New York Times</a><u>.</u> "Lenders, just like consumers, understand the hardships that are going on in the economy."</p><p><strong>3) Have an emergency fund</strong></p><p>Of course, you'll need some savings when the unexpected happens. Say—I don't know—a worldwide pandemic? Experts like Robin and Thomann recommend people have three to six months' worth of expenses on reserve. These should be in liquid assets so you can access them easily and quickly.</p><p>Of course, that's not always feasible, but you should save what you can. </p><p><strong>4) Find social outlets that don't cost</strong></p><p>The economic shutdown has offered one financial boon: It has revealed ways we can enjoy each other's company with overspending. We can host movies remotely with our friends. Play video games online. Enjoy physical-distance strolls through the park. And a host of other creative connections. After the pandemic, the occasional bar hop or Friday dinner out can still be a guilty pleasure. But unlike sitcom characters, we shouldn't be spending our social lives on the set of our favorite coffee shops or local watering holes.</p><p><strong>5) Reconsider your relationship with money</strong></p><p>Robin pushes her readers to be financially free. That is, to understand that there's an economy, people have a relationship with it, but it shouldn't become an obsession that runs their lives. As <a href="https://www.youtube.com/watch?v=xDaBjc4QyWU" target="_blank" rel="noopener noreferrer">she told <em>Big Think</em></a>: "It's like there are so many presumptions that drive us into wage [slavery], and it doesn't matter whether you are at the low end or the high end. If you are engaged in that sort of anxious process of 'more, more, more,' you are not free."</p><p>The millennial generation has certainly been dealt a bum hand, but it's perhaps defeatist, and more than a little premature, to label them the unluckiest generation. Perhaps after being led astray by the old roadmap, they will be the generation to reconsider their relationship with money—not as an end itself but a means to a healthier and more beneficial life. </p>
New research pinpoints the neurons responsible for your choices.
- Researchers at the University Hospital Bonn linked confidence in decision-making to neurons in the medial temporal lobe.
- Learned memories appear to instill confidence in many of the decisions you make.
- The team believes identifying these individual neurons opens up new areas of research moving forward.
In some situations, asking "what if everyone did that?" is a common strategy for judging whether an action is right or wrong.
Researchers explore the "complex web of connections" in your brain that allows you to make split second decisions.
- Researchers at the University of Colorado discovered the cerebellum's role in split-second decision making.
- While it was previously thought that the cerebellum was in charge of these decisions, it's been uncovered that it is more like a "complex web of connections" through the brain that goes into how you make choices.
- If the decision is made within 100 milliseconds (of being presented with the choice), the change of mind will succeed in altering the original course of action.
Photo: StunningArt / Shutterstock<p>This understanding of the cerebellum's role in decision-making is new. Because the mice became less confident in their choices after the release of those agents, it appears the cerebellum is partly responsible for quick decision-making responses.</p><p>Restrepo notes that the cerebellum is responsible for a lot of learning—perhaps unsurprisingly, given its proximity to the spinal cord and its influence on motor patterns. Split-second decisions are an old evolutionary necessity and would have started evolving quite early on. As he <a href="https://news.cuanschutz.edu/news-stories/cu-anschutz-researchers-shed-light-on-split-second-decision-making" target="_blank">says</a>,</p><p>"We found an entire subset of brain cells that change after learning. It sheds further light on how the cerebellum functions and the complex web of connections that go into quick decision making."</p><p><strong>How long does it take to make a split decision and have good results?</strong></p><p>The researchers in Susan Courtney's study highlighted that timing is everything when it comes to these quick decisions. If the decision to change is made within 100 milliseconds (of being presented with the choice), the change of mind will succeed in altering the original course of action. However, if it takes at least (or more than) 200 milliseconds, the chances of the change succeeding are significantly less.</p>