CannibalSmith2

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So I googled "Bayesian Conspiracy" and found a dozen blog posts all linking to http://yudkowsky.net/rational/bayes - an overlong article repeating the same thing with numerous examples. I skimmed it in search of the answer to the question "what's the fuss", but didn't find any. So I'll ask here: I get the equation, I get that it's hard to do in your head (what a surprise), but it's just an equation. What's so awe worthy about it? (It's the same with e=mc2, actually.)