Re:Why Are There So Many Rationalist Cults?
by Animats on Tuesday August 12, 2025 @06:29PM
(#44882521)
Many arguments arise over the valuation of future money. See "discount function" [1] At one extreme are the rational altruists, who rate that near 1.0, and the "drill, baby, drill" people, who are much closer to 0.
The discount function really should have a noise term, because predictions about the future are noisy, and the noise increases with the distance into the future. If you don't consider that, you solve the wrong problem. There's a classic Roman concern about running out of space for cemeteries. Running out of energy, or overpopulation, turned out to be problems where the projections assumed less noise than actually happened.
The discount function really should have a noise term, because predictions about the future are noisy, and the noise increases with the distance into the future. If you don't consider that, you solve the wrong problem. There's a classic Roman concern about running out of space for cemeteries. Running out of energy, or overpopulation, turned out to be problems where the projections assumed less noise than actually happened.
[1] https://en.wikipedia.org/wiki/Discount_function