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roland comments on Can noise have power? - Less Wrong
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That means that randomness has power, it spares you the cost of thinking. Depending on the amount of thinking needed this can be quite substantial a value.
I'd agree with that part.
It also offers a safeguard against errors in your thinking. If your thinking is wrong you might choose an algorithm that is bad given the evironment. Compare that to the probability of the random algo being matched by the environment.
Indeed. The grandparent is not entirely a condemnation.