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Zachary_Kurtz comments on Folk theories can be useful even when they're entirely wrong - Less Wrong
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A broken clock is right twice per day. If value theory is incidentally correct, it doesn't make folk theories valuable on the margins - unless of course, if people who hold folk theories do consistently better than rationalists, but then I'd question the rationalist label.
All people hold folk theories. The question is whether, given the set of folk theories you unknowingly hold, correcting an interacting folk theory to a scientifically sound one will improve or degrade your overall performance.