Great blog post from @michael_nielsen responding to mine, on the alleged tension between rationality and innovation: http://michaelnielsen.org/blog/is-there-a-tension-between-creativity-and-accuracy/ …
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Replying to @juliagalef @michael_nielsen
Here's my brief reply to Michael (converted from a series of tweet-replies to him):pic.twitter.com/l7LLjaI2i5
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Replying to @juliagalef @michael_nielsen
Nielsen's argument: "Given limited resources, balance accuracy maximization with actually *doing* something."
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I.e.: To max E(value) don't wait to have perfect model on which to calc. the expectation, may run outta time to take the maximizing actions
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But @ times sounds like assuming being wrong = being irrational. Or that if randomly scored goal by badly aiming pass, you should aim badly
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Trying unproven ideas is evidence gathering, a v. rational thing to do. Consumes resources, though, so should be planned rationally.
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Replying to @danielfinol78 @michael_nielsen
Yup. But I think
@michael_nielsen believes that, bc of our psychology, calibrated ppl wouldn't be motivated to do high-EV, low-prob things2 replies 0 retweets 2 likes -
Replying to @juliagalef @danielfinol78
Yes. Empirically, a lot of the people I see do high-EV, low-probability things (inc. a lot of people who succeed) aren't well calibrated.
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Replying to @michael_nielsen @juliagalef
Choosing high-EV stuff is good-calibration sign, right? You say they're badly calibrated b/c of unrelated evidence, & do high-EV in spite of
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... people "gifted at making mistakes in the right direction".
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