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"Basics of Rationalist Discourse" by Duncan Sabien

LessWrong (Curated & Popular)

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Predicting the Next 10 Marbles Out of the Bag

If a bag of 100 marbles contains 70 red ones and 30 green ones, the best bet for the first string is red. Any attempt to sprinkle some greens into your prediction is more likely to be wrong than right. But it would be silly to say that you believe that the next 10 marbles out of the bag will all be red. And because bets are often effectively binary, they often lose track of the more complicated thing that preceded the rounding off.

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