That phrasing makes it clear what is meant, but I think the phrase “updating your priors” is still carrying the confused terminology and we need to stop using it, again, priors don’t change in response to observations (though in physically constrained/embedded cognition [that is, the profane/imperfect/physically possible version of bayesian reasoning that physical human beings can do] there has to be some sense in which a prior can change in response to arguments/reasoning/reflection, which complicates the issue a lot).
The updated probability, P(Prior|Observation), is called the posterior. There would be less confusion carried by the phrasing “updating on your priors”, but I feel like it’d just collapse back to where it was.
That phrasing makes it clear what is meant, but I think the phrase “updating your priors” is still carrying the confused terminology and we need to stop using it, again, priors don’t change in response to observations (though in physically constrained/embedded cognition [that is, the profane/imperfect/physically possible version of bayesian reasoning that physical human beings can do] there has to be some sense in which a prior can change in response to arguments/reasoning/reflection, which complicates the issue a lot).
The updated probability, P(Prior|Observation), is called the posterior. There would be less confusion carried by the phrasing “updating on your priors”, but I feel like it’d just collapse back to where it was.