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It's a heuristic not a law. Use it to protect yourself from the adverse selection of stated data in complex fields from highly incentivised agents (including me
by confluence 14y ago
It's a heuristic not a law. Use it to protect yourself from the adverse selection of stated data in complex fields from highly incentivised agents (including me).
Follow it, or don't at your own peril/gain.
- ryanwaggoner 14y agoI get it. And like most cute little sayings designed to make the speaker sound like they're dispensing sage advice, it's almost worthless as a heuristic. It tells you virtually nothing about the credibility of the person speaking, or the strength of their position.