Data Skeptic cover image

[MINI] Value of Information

Data Skeptic

00:00

What if I Didn't Know What the Weather Was Going to Be?

So let's say I didn't know what the weather was going to be. If I wanted to strategize what to wear, I'd probably just wear the most middle ground outfit as possible. So that new information, you could say informs your decision. Yeah. And you would make a decision you're happier with, given that information, right? Sure. Assuming the information is accurate. Now, would you be totally unhappy, completely miserable, worst situation you've ever been in if you didn't have the information? I mean, that would only be in extremist cases.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app