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fubarobfusco comments on On accepting an argument if you have limited computational power. - Less Wrong
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It seems reasonable to me that my confidence that the mugger can do what it claims to should be inversely proportional to the discrepancy between what the mugger claims and what the mugger is willing to demonstrate. Why do you say it should be a constant factor?
Agreed. Humans already implement this: if someone keeps making bigger and bigger unproven claims, eventually they get a reputation as a braggart and a liar, and their claims don't count for anything.