Bayeslisk comments on Open Thread, November 15-22, 2013 - Less Wrong Discussion
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It would become easier, I agree. It would also lose a lot of what makes real, physical things special. Why do people still play actual board games made of cardboard, or bother to meet face to face? A lot of the rationality involved would probably be figuring out through facial expression and vocal intonation whether or not you can trust someone, and this is nearly impossible in a nonphysical context.