Hopefully_Anonymous comments on Doublethink (Choosing to be Biased) - Less Wrong
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"Evolution has favored a species that buys lottery tickets."
It's (statistically) bad for the individual but good for the species. Although even buying lottery tickets -or the other natural equivalents is probably deoptimized behavior. I imagine there's some bayesian optimized approach for a species and the spectrum of risk taking its members would engage in. In contrast I suspect our species performs functionally rather than optimally.