I really want—emotionally—to upvote this, but I’m looking for some kind of content I haven’t already read in simpler form and not finding any.
Perhaps I’m too tired to catch on to the real message? All I can see is “Maximize expected utility to the best of your knowledge and ability. No, really, do that.” Then it gets refactored with reasonable-sounding categories and labels that seem useful to describe general patterns of expected utility in the more restrained domains of conceptspace that they’re meant for, along with good tips of things to remember to take into account for the EU calculation.
Anyone care to enlighten me as to what I’m missing? Or perhaps I’m just missing the usefulness of the post.
Please note that often a rephrasing and reformulation of existing knowledge can be a very good thing, almost as good as original research. If someone writes a post explaining some points in clear language, people can read it and gain a deeper understanding of those points. For that reason, posts like this one are most certainly a Good Thing, and definitely praiseworthy.
Thanks. What you said was close to my initial reaction, but it seems I overcompensated for my general enthusiasm at having a thousand different explanations for everything. This “Don’t overcompensate for biases” thing is hard!
I really want—emotionally—to upvote this, but I’m looking for some kind of content I haven’t already read in simpler form and not finding any.
Perhaps I’m too tired to catch on to the real message? All I can see is “Maximize expected utility to the best of your knowledge and ability. No, really, do that.” Then it gets refactored with reasonable-sounding categories and labels that seem useful to describe general patterns of expected utility in the more restrained domains of conceptspace that they’re meant for, along with good tips of things to remember to take into account for the EU calculation.
Anyone care to enlighten me as to what I’m missing? Or perhaps I’m just missing the usefulness of the post.
Please note that often a rephrasing and reformulation of existing knowledge can be a very good thing, almost as good as original research. If someone writes a post explaining some points in clear language, people can read it and gain a deeper understanding of those points. For that reason, posts like this one are most certainly a Good Thing, and definitely praiseworthy.
Agreed. In general, I think people vastly overvalue having new ideas relative to having better explanations and a better understanding of old ideas.
Thanks. What you said was close to my initial reaction, but it seems I overcompensated for my general enthusiasm at having a thousand different explanations for everything. This “Don’t overcompensate for biases” thing is hard!
A very “clever” utility calculation, where by “clever” I mean wrong.