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"There is always an infinite range of possible states of nature" Well, I think that is definitely and unambiguously false. The universe is not infinite, nor infinitely divisible, as far as we know, and the number of future states of any particular person (or humanity) are even smaller than those of the universe. Limits in time mean limits in space, and limits in space mean limits in particles and possibilities. I'm not sure I can make a case that it matters, but if it doesn't matter, why say infinite? |
But secondly, I think (although I'd happily concede if convinced otherwise) that the space of possible scenarios really is infinite, even if the observable universe is not. The space I'm talking about is not the actual state space of the universe, which in some interpretations of physics might be finite or even unitary. It spans the space of hypothetical universes that are all consistent with your information with nonzero probability, which I think is probably infinite, but again, if it's not infinite that's a technicality. If you include the states that have with zero probability (because why not? GGP was advocating that the probability is irrelevant to minmax decisions) then the space is definitely infinite, because even physically impossible states of nature will impact our decision making.