Lumifer comments on Open Thread, May 26 - June 1, 2014 - Less Wrong

4 Post author: BarbaraB 26 May 2014 07:42AM

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Comment author: Lumifer 28 May 2014 06:05:54PM *  6 points [-]

how probabilities of events feel like

Gut feelings have pretty bad resolution. In particular, I don't think gut feelings can differentiate between, say, 2% and 3%.

As a rough approximation (and, possibly, subject to the typical mind fallacy :-D), I think the gut thinks in these categories, assuming the probability is of something bad happening:

  • Too low-probability to even think about it.
  • Too low-probability to worry about it unless the consequences are really bad.
  • Not likely, but worrisome -- worth guarding against unless prevention is expensive/unpleasant.
  • Feels dangerous, there is motivation to do something about it.
  • It's coming my way, active measures are called for.
  • I'm fucked.

For fine resolution you can train your mind. I'm not sure how trainable your gut is.