Earlier quoted context omitted.
Is this the reverse of the Gambler's Fallacy? Instead of "The numbers haven't hit in a while, therefore they're going to hit soon." it's "The numbers haven't hit yet, therefore they're never gonna hit."
Also known as complacency. Working in a woodshop, one of the things you are most vulnerable to is failing to respect the danger you're in. This is why many experienced woodworkers have been injured by e.g. a table saw - you stop being as careful after such long exposure.
Heuristics that almost always work
431–440 of 541 posts
Re: Heuristics that almost always work
#432This 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…
There’s a term for this which I’m unable to recall and it’s not easy to Google. Would greatly appreciate if someone could help me out here!!
Re: Heuristics that almost always work
#433Re: Heuristics that almost always work
#434Earlier quoted context omitted.
>you have about 15 months to live Or a few minutes ... or 20 years. That's the thing w/ statistically independent trials.
That's like the difference between You could win 100mm in the lottery (true statement!) Lottery tickets are a good investment (almost always, false statement). Planning on "well it could happen, technically" isn't a good approach.
Your chance of winning goes from No Chance to A Chance, which is an infinite improvement.
Re: Heuristics that almost always work
#435This 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…
> for a lifelong hunter, 1:5000 are pretty bad odds There’s a term for this which I’m unable to recall and it’s not easy to Google. Would greatly appreciate if someone could help me out here!!
Re: Heuristics that almost always work
#436This reminds me about an anecdote about how stock market works I heard when I was young. The story goes like, It was autumn, and the Red Indians on the remote reservation asked their New Chief if the winter was going to be cold or mild. Since he was a Red Indian chief in a modern society, he couldn't tell what the weather was going to be. Nevertheless, to be on the safe side, he replied to his Tribe that the winter w…
Re: Heuristics that almost always work
#437Earlier quoted context omitted.
"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.
There's chance of death, but there's also duration of suffering while dying. 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).
Re: Heuristics that almost always work
#438Earlier quoted context omitted.
Are you reading the deeper lesson though? The individual examples aren't meant to be authoritative. He was trying to illustrate the very thing you are bringing up. Namely that lazy heuristics create information cascades. The information cascades can have positive effects, as you point out, but they can have profoundly negative consequences, which is the point of the whole article. We shouldn't use or intellectually t…
"On your doctor take, you do know that the other author of this post is a licensed and practicing Physician, right?" -- Your observation is indeed much more interesting than the whole article, since it shows a reasonable (and not a caricature with zero value) heuristic. You are saying that I (who may or may not be a physician, but for argument's sake let's say I am not) should not have an opinion that is different, w…
Re: Heuristics that almost always work
#439Yes, neither ivermectin nor hydroxychloroquine had an agent which is relevant at the level of a RNA viruses, a hurricane can be seen long before they are here (unlike earthquakes let's say) and every single social construction, be it a religion or anything of a lesser scale, has distinct patterns and social techniques, such as secrecy, etc.
The world has no miracles, except in Nature, and even those are bounded by the environment.
But, of course, one can get the HN front page these days with such a subtle bullshit.
Re: Heuristics that almost always work
#440Earlier quoted context omitted.
> the mere act of doing it more often dramatically changes the risk. Kind of. However, you already know that the first N outings didn't have a disaster. So those should be discarded from your analysis. Doing it N times more has a lot of risk, doing it the N+1th time has barely any.
If you'll die if a roll of three dice comes up sixes, you're not really in a lot of danger. If you do it every day, you have about 15 months to live.
Also, “not really in a lot of danger”? Those odds are worse than that of a 100 year old in the USA (they have a life expectancy of over two years)
Certainly, as an additional risk, it’s high.