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285 | Nate Silver on Prediction, Risk, and Rationality

Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas

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Embrace Uncertainty in Decision-Making

Philosophical inquiries into the nature of randomness in the universe may influence our understanding of uncertainty. Interpretations of quantum mechanics suggest inherent randomness exists, yet practical concerns lie in estimation and decision-making amidst uncertainty. Even in games like poker, known information about opponents can reshape perceived risk, indicating that uncertainty often hinges on the knowledge available rather than an absolute state of unpredictability.

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