<|im_start|>user
What is recency bias?<|im_end|>
<|im_start|>assistant
Recency bias is the overweighting the result of more recent events when predicting what will happen in the future.  For example, if I recently experienced a pandemic that dramatically affected my quality of life, I may tend to overestimate the likelihood of another pandemic in the near future.<|im_end|>
