Thanks to @[email protected] for the links!
Here’s a link to Caltech’s press release: https://www.caltech.edu/about/news/thinking-slowly-the-paradoxical-slowness-of-human-behavior
Here’s a link to the actual paper (paywall): https://www.cell.com/neuron/abstract/S0896-6273(24)00808-0
Here’s a link to a preprint: https://arxiv.org/abs/2408.10234
Bit in this context refers to the [Shannon](https://en.wikipedia.org/wiki/Shannon_(unit\)) from information theory. 1 bit of information (that is, 1 shannon) is the amount of information you receive from observing an event with a 50% chance of occurring. 10 bits would be equivalent to the amount of information learned from observing an event with about a 0.1% chance of occurring. So 10 bits in this context is actually not that small of a number.