Something You Should Know cover image

What You Never Knew About Your Grocery Store & Understanding Uncertainty

Something You Should Know

00:00

The Importance of Probability in Decision Making

There is a tendency to use probabilities to make decisions and maybe false probabilities in the sense that, you know, if you flip a coin 10 times and they all come up heads. And we don't think you can resolve uncertainty by getting more information or by finding some sort of probability distribution. That's radical uncertainty.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app