waveman comments on What Cost for Irrationality? - Less Wrong

59 Post author: Kaj_Sotala 01 July 2010 06:25PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (113)

You are viewing a single comment's thread. Show more comments above.

Comment author: waveman 19 August 2016 05:00:02AM 1 point [-]

someone offers to change a deal that has so far worked tolerably well in ways that, for all you know, could have all sorts of unintended consequences

This exact thing happened to me last year. I signed up for a great new deal and now it has blown up in my face. The cost of safely switching from a fairly satisfactory status quo can be high - high R&D costs - especially when you are dealing with crooks and charlatans.