We need a quantitative concept of the time value of increasing precision. Like, the idea that a 70% right answer today is more valuable than the 99% right answer a week from now. Can we turn this into a marginal value vs time graph (set of graphs actually, 1 per bit)
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Replying to @vgr
What are the chances that a 70% right answer and a 99% right answer are meaningfully different?
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Replying to @jchris
Depends. There's an intermediary company that makes money by offering to pay invoices earlier in return for a moving discount calculated and updated frequently for eg.
10:37 AM - 4 Oct 2018
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