3min chapter

The Bayesian Conspiracy cover image

177 – Decision Trees and Butlerian Jihads with Matt Freeman

The Bayesian Conspiracy

CHAPTER

The Probability of Utility Evaluations for Money

Every human has nonlinear diminishing returns in money in terms of utility. You can usually come up with a probabilistic guess of 60% or what. And it's all based on the gut, obviously. So that's where the probability comes in when we're talking about the decision tree.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode