I don’t think there’s anything really new here for long-time LWers (we all know Goodhart’s law/Lucas critique, Ioannidis-style results, ‘extraordinary claims require extraordinary evidence’ etc), but some of the points about cost-benefit of statistical precision might be novel to some of us.
I don’t think there’s anything really new here for long-time LWers (we all know Goodhart’s law/Lucas critique, Ioannidis-style results, ‘extraordinary claims require extraordinary evidence’ etc), but some of the points about cost-benefit of statistical precision might be novel to some of us.