Theory of Bounded Rationality tells use we are all stupid given the right problem. It reminds us that problems exist which will cause us to hit limits not just in intelligence but in time, resources, skill, communication, attention, energy, info etc etc etc
It also recommends what to do in such cases. You either pick a simpler prob where the limits matter less or Accept your solution for complex problems will have issues.
> Theory of Bounded Rationality tells use we are all stupid given the right problem.
I’d say one of OP’s main messages is that this is a misunderstanding or misuse of the word. We’re not stupid when we are aware of our limitations. Stupidity is more of a character flaw than a lack of intelligence. Perhaps you could say it’s a failure to even try to be rational.
It also recommends what to do in such cases. You either pick a simpler prob where the limits matter less or Accept your solution for complex problems will have issues.