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by lolc 2727 days ago
I'd say the zero is where you don't do anything. There's no gain and no loss. Once you decide to do something, you have to spend to make it happen. The dice example is pointless when the roll is assumed to be zero effort and you get a random number for it. Where's the gain?

> No experiment could ever possibly hurt scientific knowledge.

Sure could. An experiment might yield a false result. You might get a false negative and abandon a promising discovery. You might get a false positive and waste more experiments on an impossible setup. It's all about opportunity cost.

But overall I couldn't follow Taleb's writing. It's not accessible to me anymore.