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You'd have to be very smart to come up with that

🕑 Added 2020-07-02 03:34:46 +0000 UTC

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> There's a kind of verbal quick-wittedness and concomitant ability to come up with rationalizations for anything. The peril of this skill is the key point of the article for me. It's like the phenomenon of "knowing enough {economics, distributed systems, programming language tricks} to be dangerous." The biases and failure modes of "simple" conversations are often well-known, but "leveling up" opens up the set of arguments greatly, and the rigor and scrutiny must raise correspondingly. In this case, using numerical decision theory arguments for deciding whether to buy a new car mandates rigor to ensure you're not subtly fooling yourself, since it's really easy to do so. Intuitively deciding to decide a new car based on seeing the advances in safety has its own set of biases, but it's probably easier to feel them out. Similarly, it's easier to foretell potential problems with simple system designs than complicated ones.

This is another one where I don't think you really need to do the computation. By the time someone is middle aged, they're likely to know someone roughly in their age cohort who's died (for me, two people I knew directly, I'm not counting friends of friends who I haven't met; if I did, there would be too many to easily get a count, and I'm at an age where people say I shouldn't say really say I'm middle aged), indicating that the probably of dying isn't trivial and is likely over 1e-10. But you can also pretty easily convert from the ratio to a life expectancy change, it's just messy since you need to compute the probability of death over multiple time periods.

I think you motion towards this re the life-expectancy comment, but I thought worth bringing up regardless: the metric of "% change in probability of death this year" isn't a great metric, since it's so influenced by the base rate. At the extreme, we could live in an extremely safe world where there's a 2e-10 chance of dying each year, but then we all die aged 100. We shouldn't spend much of our income reducing that to a 1e-10 chance, because it doesn't give us much more expected life. As a result, I'm not sure the discussion of your relative death risk in other factors matters that much, unless those change your expected lifetime significantly (i.e. even the average person is unlikely to die of a drug overdose, relative to cancer) Though on reflection, am I falling into the trap this blog post points out, and finding some "clever" angle that doesn't change the central point of the discussion?


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