anon85 comments on Approximating Solomonoff Induction - Less Wrong
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I don't have any strong disagreements there. But consider: if we can learn well even without assuming any distribution or prior, isn't that worth exploring? The fact that there is an alternative to Bayesianism - one that we can prove works (in some well-defined settings), and isn't just naive frequentism - is pretty fascinating, isn't it?
I'm contrasting randomized vs. deterministic algorithms, which Eliezer discussed in your linked article, with Bayesian vs. PAC learning models. The randomized vs. deterministic question shouldn't really be considered learning, unless you want to call things like primality testing "learning".