I think this argument is too general a counter argument and if extended to its logical conclusion becomes self defeating as consequentialist cluelessness applies equally to action and inaction.
No, it just means you just need an actual system model which is at least somewhat predictive in order to make decisions, and therefore have a better grasp on the expected value of your investments than “let’s try something, who knows, let’s just take risks.”
I think this argument is too general a counter argument and if extended to its logical conclusion becomes self defeating as consequentialist cluelessness applies equally to action and inaction.
No, it just means you just need an actual system model which is at least somewhat predictive in order to make decisions, and therefore have a better grasp on the expected value of your investments than “let’s try something, who knows, let’s just take risks.”
I agree, I think I was mostly responding to the ” and there’s no reason to think that” since it is a case by case thing.