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peppersghost93last Monday at 4:01 PM5 repliesview on HN

"If you make any other assumption than "I don't know what's happening here and need to learn more" you'll constantly be making these kind of errors. You don't have to have an opinion on every topic."

I can do this and still start off by assuming the corporation is in the wrong. The tendency to optimize for profits at the expense of everything else, to ignore all negative externalities is inherent to all American corporations.


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Workaccount2last Monday at 4:45 PM

The main thing that people snag on is scale and frequency.

If you are super into "ACAB" (all cops are bastards) you can easily "research" this all day for weeks and find so many insane cases of police being absolute bastards. You would be so solidified in your belief that police as an institution are fundamentally a force of evil.

But you would probably never come across the boring stat that less than 1 in 500,000 police encounters ever register on the "ACAB" radar.

This is almost always where people run aground. Stats are almost always obfuscated for things that people develop a moral conviction around. Imagine trying to acknowledge the stat there are effectively zero transgender people perving on others in public bathrooms.

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JumpCrisscrosslast Monday at 4:15 PM

> I can do this and still start off by assuming the corporation is in the wrong

You really can't. You can start off with a prior that it's more likely the corporation is wrong than not. But if you're assuming your conclusion, you're going to find evidence for what you're looking for. (You see the same thing happen with folks who start off by assuming the government is in the wrong.)

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ljspragueyesterday at 12:50 AM

Many individuals optimize for profits too.

dmos62last Monday at 4:17 PM

It might seem like bias will get you to where you're going faster, but at the end of the day it's just bias.

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apilast Monday at 6:01 PM

When you go shopping and see two items for sale that seem nearly identical, do you buy the cheaper one?

If you have long term savings do you want it to earn interest?

The desire to optimize for profit exists at all levels among all participants in the economy. Everyone does it. We are the system and the system is us.

Regulations are usually the only way to fix these things because there are game theoretic effects in play. If your company spends more to clean up and others don’t, you lose… because people buy cheaper products and invest in firms with higher profit margins. The only way out we’ve found is to simultaneously compel everyone. But that doesn’t remove the incentive.

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