I'm not totally convinced of the importance of universal priors. Any thoughts on this?
(It takes exp time to dominate all poly time algs, so it's not dominating the same class; but that's provably impossible for this task)
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But it doesn't converge to a universal prior exactly, it just converges to a prior which strictly dominates the universal semimeasure (iirc)
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Which, I'd say, is even better. But the good properties at finite time are the real reason to favor it.
End of conversation
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