The rate of learning had a big impact on how close you were to the classical model. If our little investors were slow at learning if the system didn't learn fast enough then nothing much would happen. But if we dialed up and we could do this easily on the computer the rate at which agents might explore new ideas and invest in those new ideas and learn from those new ideas we dialed that up with one little dial suddenly all this behavior would emerge, Brian says. "For me I think I got one of the many or several thrills of my life," he adds.

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