4 ms·
Good point yet the appropriate discount rate has gone over time with better medicine and technology. So it comes down to: do you believe medicine and tech will
by adamisom 5y ago
Good point yet the appropriate discount rate has gone over time with better medicine and technology.
So it comes down to: do you believe medicine and tech will keep advancing and if so, doesn’t that mean the discount rate will get ever smaller over time? I think it does.
- csdvrx 5y agoWhile I agree with you that discount rate should decrease, I also believe that eventually we all get sick then die. Nothing short of a few radical breakthroughts can fix a strictly decreasing function.
- jacobr1 5y agoAnd even if we have some breakthroughs for things like aging in general or cancer, attrition via accidents and other forms of physical destruction will always be a factor.
- csdvrx 5y agoPhysicial destruction for my software installs is no longer a problem with backups - so even that is not a given with sufficient technological breakthroughs!