This is roughly the sense in which I meant “competitive” (I think there are some edge-cases here, where for example I don’t expect we will be able to fully cover the right tail of outcomes. Like, if Sam Bankman-Fried had decided to work with us instead of found FTX, we of course couldn’t have paid him 10 billion dollars, or similar situations).
This is roughly the sense in which I meant “competitive” (I think there are some edge-cases here, where for example I don’t expect we will be able to fully cover the right tail of outcomes. Like, if Sam Bankman-Fried had decided to work with us instead of found FTX, we of course couldn’t have paid him 10 billion dollars, or similar situations).
FWIW that wasn’t my interpretation of it when I read the draft and might be worth spelling out.
Can you clarify whether you’re talking about “30% of X” i.e. 0.3*X, or “30% off X”, i.e. 0.7*X?
0.7*X