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[Article] “Expected value: how can we make a difference when we’re uncertain what’s true?” by Benjamin Todd
from 80,000 Hours - Narrations
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. --- 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.
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