2min chapter

Effective Altruism: An Introduction – 80,000 Hours cover image

Seven: Prof Tetlock on why accurate forecasting matters for everything, and how you can do it better

Effective Altruism: An Introduction – 80,000 Hours

CHAPTER

The Base Rate Is a Very Valuable Prediction

i think it's actlly not entirely obvious that you always want to start with the base rate, or at least not for such a broad reference class. i do worry there that sometimes just giving such ab base rate could be misleading. Just giving this thing, like a wold, on average it was one % likelihood of geting hired a could ly lead lead people astray. And eyou know a lot more about yourself than then, the bit, than the base rate. I don't think there are very many grad programmes that actually rank order their students wherer heo the department faculty get together and say, these are the five people we really want to push this year.

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