Balint Erdi

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When Bayes’s Rule combines all these probabilities—the more-probable short time spans pushing down the average forecast, the less-probable yet still possible long ones pushing it up—the Copernican Principle emerges: if we want to predict how long something will last, and have no other knowledge about it whatsoever, the best guess we can make is that it will continue just as long as it’s gone on so far.
Algorithms to Live By: The Computer Science of Human Decisions
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