Computational argument, inspired by Algorithms to Live By: The more time you have, the more you should lean towards exploration in the explore-exploit tradeoff. As your remaining lifespan decreases, you should conversely lean towards the exploit side. Including consuming less new information, and changing your mind less often—since there’s less value in doing that when you have less time to act on that new info.
Conversely, if we could magically extend the healthy lifespans of people, by this same argument that should result in more exploration, and in people being more willing to change their mind.
Computational argument, inspired by Algorithms to Live By: The more time you have, the more you should lean towards exploration in the explore-exploit tradeoff. As your remaining lifespan decreases, you should conversely lean towards the exploit side. Including consuming less new information, and changing your mind less often—since there’s less value in doing that when you have less time to act on that new info.
Conversely, if we could magically extend the healthy lifespans of people, by this same argument that should result in more exploration, and in people being more willing to change their mind.