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Re:Predictions as a Substitute for Reviews by mola on Wednesday August 12, 2020 @03:28AM (#24129466)
If you decide against action because of your prediction, how can you evaluate your decision/prediction?
Re:Predictions as a Substitute for Reviews by unionpivo on Wednesday August 12, 2020 @04:02AM (#24129617)
You can't.

I use something similar to fix( work in progress ) my problem of having hard time saying no to people and things.

So by having predictions you can cut down on your choices. Just seeing the list with chances you have attributed to them it's sometimes enough to clarify what will be best value for your time.

Re:Predictions as a Substitute for Reviews by bo1024 on Wednesday August 12, 2020 @10:11AM (#24132217)
Great insight, this is a general issue with making decisions based on predictions. It comes up in Hanson's "Futarchy" / decision markets too.

For example, if you have a huge bias against recruiters and never take their calls because your predictions are < 3%, but the true probability is 50%, you'll never find out those predictions are wrong.

One way to mitigate this is to add random exploration. Whenever you decide not to do something, with probability say 1/20, just do it anyway.