I read them as sloppy caricatures that provide little value to the conversation. Let's take the security guard: "The only problem is: he now provides literally no value. He’s excluded by fiat the possibility of ever being useful in any way. He could be losslessly replaced by a rock with the words “THERE ARE NO ROBBERS” on it." That is blatantly not true, the guard provide value since the wanna-be robbers don't know w…
Heuristics that almost always work
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Re: Heuristics that almost always work
#422>You know what doesn’t need oxygen or water or food? A rock with the phrase “YOUR RIDICULOUS-SOUNDING CONTRARIAN IDEA IS WRONG” written on it.
> This is a great rock. You should cherish this rock. If you are often tempted to believe ridiculous-sounding contrarian ideas, the rock is your god. But it is a Protestant god. It does not need priests. If someone sets themselves up as a priest of the rock, you should politely tell them that they are not adding any value, and you prefer your rocks un-intermediated. If they make a bid to be some sort of thought leader, tell them you want your thought led by the rock directly.
Re: Heuristics that almost always work
#423Most experts in most fields spend their time doing research and experimentation, in order to acquire knowledge and build a corpus of understanding that makes that 99.9% into a 80%, a 50%, a 20%, a 1%, etc.
The only "experts" making projections tend to be fake experts, they'll actually be policy makers, investors, marketeers, etc. (yes sometimes they'll hire an expert statistician to waste his time help them with such foolishness)
And ounce those people enter the game, they'll pester the real experts ad nauseam for estimates and for predictions, and at first the expert will say well more research/experimentation is needed. But the fake experts will say, ok, but ballpark, just an estimate, what do you think is most likely happening here? So the expert will say, ok, give me some time to really run the numbers and make sure at least I'm giving you accurate statistics. But the fake experts will pester some more, I need it by end of day, just tell me now, why would it take you so long. Eventually the experts will just make it up so that the fake experts leave them alone and they can go back to doing real work like research/experimentation/development, etc.
And this in my opinion invalidates the claims in the article. Because those experts cannot be replaced by a rock. The reason they'll be doing the same work as the rock, is because non-experts are going to want them to do so, by asking them the question the rock could answer, and refusing any answer that is probabilistic, they want certainty, not possibility. And to those people, it matters very much that the expert said so, because in the expert they trust, in the expert they can scape goat their failures, they did not make the decision, the expert did. A rock does not provide them with plausible deniability.
Re: Heuristics that almost always work
#424Earlier quoted context omitted.
It's a great example. This is the very reason I have scaled back the amount of time I rock climb as I've gotten older -- not because any individual outing is dangerous, but there's an element of Russian roulette wherein the mere act of doing it more often dramatically changes the risk.
"There are bold X, and old X, but no old, bold X." Replace X with any practitioners subject to sufficient risk as a result of their practice. I first heard it in the context of mushroom foraging.
Re: Heuristics that almost always work
#425The problem here is "the bigger picture". The security guard can improve his heuristic by studying criminology (or rather just talking to other security guards who have been robbed). what sounds were made, are sounds of the wind different to breaking glass? Have burglaries been on the increase lately? When did he last check the car park was there a suspicious car there? What I am trying to say is that each of the exa…
Eh... yes, this post is attacking a straw man, but that's okay, since the post is explicitly about attacking a straw man (spelled "rock" in the post)?
Re: Heuristics that almost always work
#426Earlier quoted context omitted.
The Hydroxychloroquine discussion is pretty bad as well. We were confidently against Hydroxychloroquine because it was well tested in the RECOVERY trial in June 2020 [1]. The time to be optimistic was during the trial-phase of the test. Once that time passed, everything beyond that point was unnecessary and unhelpful hype. ------ What's amazing to me, is that the RECOVERY trials showed that Dexamethasone cut the deat…
I think you missed the point. The idea here is that there were people that said before any results were in that hydroxychloroquine was not gonna work, operating with a heuristic that almost always works. And in this case they were correct, which the article doesn't seem to disagree with. The point is that at some point the heuristic will fail, not that it did in the case of hydroxychloroquine.
Re: Heuristics that almost always work
#427https://knowledge.wharton.upenn.edu/article/why-economists-f...
Re: Heuristics that almost always work
#428This story reminded me of a story written by a Czech biologist who studied animals in Papua-New Guinea and went to a hunt with a group of local tribesmen. The dusk was approaching, they were still in the forest and he proposed that they could sleep under a tree. The hunters were adamant in their refusal: no, this is dangerous, a tree might fall on you in your sleep and kill you . He relented, but silently considered…
It's a great example. This is the very reason I have scaled back the amount of time I rock climb as I've gotten older -- not because any individual outing is dangerous, but there's an element of Russian roulette wherein the mere act of doing it more often dramatically changes the risk.
Re: Heuristics that almost always work
#429I’ve noticed my behavior is drastically like this. Even if I rationally know I am mortal, I take ever larger risks and each escape gives me more certainty that I am truly lucky and increases the boundary of operation.
The problem is incorrect prior updating. If there is a 75% chance that I will die if I jump off this bridge and I jump and live, then I update the prior too generously. Clearly I didn’t die, so it has to be lower than 75%. Well, yes, but perhaps update more conservatively when the bet is big.
Re: Heuristics that almost always work
#430Earlier quoted context omitted.
It's a great example. This is the very reason I have scaled back the amount of time I rock climb as I've gotten older -- not because any individual outing is dangerous, but there's an element of Russian roulette wherein the mere act of doing it more often dramatically changes the risk.
"There are bold X, and old X, but no old, bold X." Replace X with any practitioners subject to sufficient risk as a result of their practice. I first heard it in the context of mushroom foraging.
I'm guessing that falling from a cliff is "better" than dying from a poisonous mushroom. The latter scares the hell out of me. The former is a glorious ride until the ride is over (regrettably).