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by george_morgan 3042 days ago
All that the Hotmail story really highlighted was the reliance on inductive reasoning by actuaries. It also didn't make clear whether they had identified drivers who caused accidents or had been the victims of accidents. Insurers will penalise people who make claims regardless of fault.

It's not a particularly useful comparison for this situation.

Also when 'people who watch broadcast TV' represent an overwhelming majority, the suggestion that they're essentially a bit stupid is well... rather arrogant, no?