You’re not wrong but you’re like deliberately missing the point!
You even admit the point:
The fact that “in principle” information provides value doesn’t matter
Yes, the point was just that ‘in principle’, any information provides value.
I think maybe what’s missing is that the ‘in principle point’ is deliberately, to make the point ‘sharper’, ignoring costs, which are, by the time you have used some information, also ‘sunk costs’.
The point is not that there are no costs or that the total value of benefits always exceeds the corresponding total anti-value of costs. The ‘info profit’ is not always positive!
The point is that the benefits are always (strictly) positive – in principle.
You’re not wrong but you’re like deliberately missing the point!
You even admit the point:
Yes, the point was just that ‘in principle’, any information provides value.
I think maybe what’s missing is that the ‘in principle point’ is deliberately, to make the point ‘sharper’, ignoring costs, which are, by the time you have used some information, also ‘sunk costs’.
The point is not that there are no costs or that the total value of benefits always exceeds the corresponding total anti-value of costs. The ‘info profit’ is not always positive!
The point is that the benefits are always (strictly) positive – in principle.