Low-skill people overestimate. Experts underestimate. 1999 Cornell study.
The Dunning-Kruger Effect reveals that people with limited knowledge dramatically overestimate their competence, while genuine experts underestimate theirs, due to a metacognitive deficit clearly measured in Cornell research from 1999. For instance, incompetent performers overrate their ability by an average of 30 percentage points compared to actual test scores. This outperforms the distortive influence of #3's Sunk Cost Fallacy because it causes irrational overconfidence instead of wasteful persistence—making the least informed voice in any room the loudest. Beginners give advice freely while experts hedge constantly, explaining why social media breeds certitude on complex topics. Overcoming this requires external feedback, as self-awareness alone cannot bridge the gap when you lack the knowledge to recognize your own ignorance.

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