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[Article] “Expected value: how can we make a difference when we’re uncertain what’s true?” by Benjamin Todd
A brief introduction to what expected value is, how we can use it to work out what's best to do, and some of the main objections to it.
Narrated by AI.
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Outline:
(00:16) What is expected value?
(02:05) Why use expected value?
(03:31) Expected value is a theoretical ideal, not a practical methodology
(05:20) Is expected value all that matters?
(06:09) Expected value and risk
(08:00) Objections to using expected value even in principle
(10:25) Learn more
(11:36) Read next
---
First published:
September 27th, 2021
Last updated:
April 8th, 2023
Source:
https://80000hours.org/articles/expected-value
---
Narrated by TYPE III AUDIO.
View all episodes
By 80000 HoursA brief introduction to what expected value is, how we can use it to work out what's best to do, and some of the main objections to it.
Narrated by AI.
---
Outline:
(00:16) What is expected value?
(02:05) Why use expected value?
(03:31) Expected value is a theoretical ideal, not a practical methodology
(05:20) Is expected value all that matters?
(06:09) Expected value and risk
(08:00) Objections to using expected value even in principle
(10:25) Learn more
(11:36) Read next
---
First published:
September 27th, 2021
Last updated:
April 8th, 2023
Source:
https://80000hours.org/articles/expected-value
---
Narrated by TYPE III AUDIO.