I suspect that people here overestimate both the advantage of intelligence and the advantage of rationality in making predictions about the world.
Overestimate the advantages to making the best prediction in a field of predictors, are right about the advantages to avoid making the worst prediction in a field of predictors.
I don't understand what you mean. Can you expand?
Noah Millman wrote:
Link (which includes additional good retrospectives) thanks to Ampersand.
This article may have more political content than is suitable for LW-- if you'd rather discuss it elsewhere, I've linked it at my blog. I've posted about it here because it's an excellent example of updating and of recognizing motivated cognition even if well after the fact.