51sec snip

NDA cover image

Thomas Frank

NDA

NOTE

The Exploration Exploitation Dilemma: Our Curiosity for the Unknown

Human beings have a strange compulsion to explore the unknown, even if it means walking away from something that is paying off. This is known as the exploration exploitation dilemma. Despite the logical choice of exploiting a resource for rewards, humans are curious about what else is out there, leading to exploration and progress. The risk lies in staying on the same successful path without learning or progressing.

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