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Yes probability have its place for ex error correction in closed systems. But you can't predict the future with it. That's what I am trying to get at.
by ThomPete 4y ago
Yes probability have its place for ex error correction in closed systems.
But you can't predict the future with it. That's what I am trying to get at.
- kqr 4y agoSo what general method of predicting the future are you using that's better? Try to avoid the opt-out "I don't predict the future unless I have perfect explanations of everything" because I know you don't -- no-one does.
- ThomPete 4y agoI use the same one as you. I conjecture based on my ability to explain why I think x will happen or wont happen. No amount of putting percentages on X changes X. It either happens or doesn't.
- kqr 4y agoSo if I asked you whether you found it more likely that you'll ride a helicopter tomorrow, or that a Democrat will be elected president in the next US presidential election, what would be your answer and why?
- ThomPete 4y agoI would say "I don't know" and I would be lying if I said anything else. I can tell you I don't have any plans of going on a helicopter ride tomorrow. I can also tell you that I have no idea if the next president will be democrat. What formula do you propose we use to calculate the probability?
- kqr 4y agoAnd if I proposed a bet where you pay me $10 now and I pay you $40 if there's a Democrat president next election, you wouldn't take the bet because "you don't know?" (This situation could be put in a less abstract way: there's a business opportunity that costs some money to realise but you only reap the benefit in the right political climate.)
- ThomPete 4y agoI might take the bet but I would just be guessing or I might work towards trying to find a solution to turn the guess into an explanation. At no time does probability help me with figuring out what the outcome is. I can either explain what will happen or I can't. There is no 50/50. I just don't have the correct explanation i.e. an explanation that is hard to vary.
- kqr 4y agoCan I interpret your taking the bet as an admission that it's a bet that comes with a positive expectation? (In the sense that if you took similar bets very many times, you would end up with an almost sure profit.)
- ThomPete 4y agoNo. Just like i dont go to the casino expecting to win.
- kgwgk 4y agoDo you ever take an umbrella with you expecting that it may rain later?
- ThomPete 4y agoYes and often I don't end up using it. It will either rain where I am or it wont. I might as well believe in Thor the Thunder God as a theory for why I will bring an umbrella.
- kgwgk 4y agoEvery single day it will either rain or it won't. Sometimes you will take an umbrella. Based on what you consider the X of rain. That action of yours will be - you hope - non-causally correlated with reality in the sense that if you take the umbrella very many times, you would end up using it often enough to make it worth it. X is what people call 'probability'. How do you call it? [Thor's will?] Have you noticed any correlation between you taking the umbrella and rain later in the day?