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As I have mentioned in another thread, when you're dealing with an extreme process with exponential growth and a large absence of information, """"fear"""", als
by danharaj 6y ago
As I have mentioned in another thread, when you're dealing with an extreme process with exponential growth and a large absence of information, """"fear"""", also known as respecting your fucking ignorance, is most rational.
Even if after the fact it looks like the pandemic didn't have catastrophic long term effects, it was still rational to be extremely cautious.
Car accidents don't have the potential to collapse society. A car crash has a chance to cause other crashes but that correlation dies off exponentially fast over relatively small time and distance scales. A pandemic in our modern connected world is basically scale invariant without mitigations.
With exponential phenomena, if you wait for evidence of extreme downside it'll already be too late. The absence of evidence is not evidence of absence. You can't wait, you have to act on your ignorance. This is not "panic".
Rationality is not just about reasoning about what you know, it's about reasoning about what you don't know as well. In typical, mundane processes you can act on ignorance by collecting evidence. In extreme, self-propagating processes, one needs to apply the rationality of ignorance: extreme value theory and the statistics of extreme distributions.