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80,000 Hours Podcast cover image

#138 – Sharon Hewitt Rawlette on why pleasure and pain are the only things that intrinsically matter

80,000 Hours Podcast

NOTE

Collecting and using information for decision making

The speaker acknowledges that they have limited knowledge about the world and need to collect information to make decisions./nCollecting information comes with a cost and there is a point where the cost outweighs the benefit of collecting more information./nWhen making decisions based on limited information, it is important to consider the relevant past actions and eliminate anything irrelevant./nThe more narrowly the case is specified, the better the ability to eliminate irrelevant information./nThe reference class problem is a term used to describe the challenge of determining the relevant class of past actions in decision-making.

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