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It's not about philosophical opposition. It's about applying correct cost-benefit analysis in the face of uncertainty. When the harms of a substance are uncerta
by matthewdgreen 3y ago
It's not about philosophical opposition. It's about applying correct cost-benefit analysis in the face of uncertainty. When the harms of a substance are uncertain, the rational analysis actually requires you to assume a wider distribution of risk, and thus calculate a higher potential cost. That's why insurance companies can charge lower premiums when they have lots of data about a particular form of payout, and higher premiums when they have less data: uncertainty adds cost.
For some reason humans have a weird, irrational quirk where they miscalculate uncertain risks by assuming that the outcomes will fall on one side of the distribution until it becomes overwhelmingly obvious that they won't. It's a reflection of the same miscalculation that makes running a casino extremely profitable.
- civilized 3y agoI agree with all that. If you have the idea that philosophy is irrelevant cloud-talk, that is not my intention or usage of the term. To me it's about the principles you bring to a topic, including principles of risk and cost-benefit analysis. I think we should be transparent as to the reasons why we're going after this risk. If we don't know very much but feel the potential implications are sufficiently grave, let's be honest about that. Rather than latching onto alarming but potentially low-quality studies as providing us the truth, which leads to whiplash, loss of scientific credibility, and polarization, as we've seen during the COVID pandemic.
- borissk 3y ago>> For some reason humans have a weird, irrational quirk where they miscalculate uncertain risks by assuming that the outcomes will fall on one side of the distribution until it becomes overwhelmingly obvious that they won't. And this quirk may be the end of us - e.g. don't react to AIs getting smarter and smarter until it's too late to do anything.