Abhi Vocabulary Flashcards
Zero Sum Game
A game that you play where the upside you are getting come directly at the expense of the other player.
A classic game is with a bet with another person. What you gain I lose.
Positive sum game
Value is created that last for a while. We built a house. Our labor will produce something that lasts. We can now live in the house.
Cognitive Dissonance
Having two conflicting ideas at the same time (being pessimistic but also optimistic).
In the field of psychology, cognitive dissonance is the perception of contradictory information, and the mental toll of it.
Pascal’s Wager
The gist of the Wager is that, according to Pascal, one cannot come to the knowledge of God’s existence through reason alone, so the wise thing to do is to live your life as if God does exist because such a life has everything to gain and nothing to lose.
Could apply to just believing in it because we know it’ll be better.
Tone of voice consistency
For growth having content and tone that is consistent
Loss Aversion
Loss aversion refers to the tendency of individuals to prefer avoiding losses to acquiring equivalent gains. In this context, the author is questioning whether the ideas and actions being discussed are motivated by fear of loss or a genuine belief in their potential high return on investment (ROI).
Example: I could see post form fill optional fields potentially working, but…I do have some problems with them. I can explain them on Sunday, but my concern with these ideas and how you’re spending time here is honestly I can’t tell whether you’re “thrashing” out of fear and anxiety based on loss aversion or suggesting actually high ROI actions.
Falsifiability
Falsifiability is the capacity for some proposition, statement, theory or hypothesis to be proven wrong. In the decision tree concept here it’s if any subtree is wrong
Variance in decision trees
Did people take enough different branch path that we can like actually look at how those branch pads have performed? Link
Emperically tested (inductive reasoning) vs. deductive reasoning.
Posteriori vs. a priori
Deductive reasoning, also known as deduction or deductive logic, is a method of reasoning where conclusions are reached by applying general rules or principles to specific instances or cases. Deductive reasoning starts with one or more premises, which are statements or assumptions that are taken to be true. From these premises, a logical conclusion is derived that must be true if the premises are true.
In deductive reasoning, the conclusion is necessarily implied by the premises. If the premises are true and the reasoning process is valid, the conclusion will also be true. This makes deductive reasoning a highly reliable form of reasoning, as the conclusions follow with certainty from the premises.
One classic example of deductive reasoning is the syllogism, a type of logical argument that uses three statements to form a conclusion. A common syllogism is:
All humans are mortal.
Socrates is a human.
Therefore, Socrates is mortal.
In this example, the first two statements are the premises, and the third statement is the conclusion. The conclusion (Socrates is mortal) follows logically from the premises (all humans are mortal, and Socrates is a human).
Deductive reasoning contrasts with inductive reasoning, which involves drawing general conclusions from specific observations or experiences. While deductive reasoning is more certain, inductive reasoning is more commonly used in everyday life and scientific inquiry, as it allows for the formation of new hypotheses and theories based on available data.
Fit Failure Mode
And so we got to work with a lot more people that were really excited to work with us and, and not just for this geographic component. After that, we then we found still that the motivation piece was a lot also, you know, we’d get people to the conclusion we, we did have a new job guarantee, so we, we stopped the raise guarantee but was a new job guarantee. And one of the common fit failure modes was that people would wind up getting a bunch of new offers and then they would keep their existing job and basically use those offers as negotiating leverage,
Fit Failure Mode
And so we got to work with a lot more people that were really excited to work with us and, and not just for this geographic component. After that, we then we found still that the motivation piece was a lot also, you know, we’d get people to the conclusion we, we did have a new job guarantee, so we, we stopped the raise guarantee but was a new job guarantee. And one of the common common fit failure modes was that people would wind up getting a bunch of new offers and then they would keep their existing job and basically use those offers as negotiating leverage,
Draconian
Excessively harsh and severe.
Gaussian
Gaussian distribution isa continuous probability distribution with symmetrical sides around its center. Its mean, median and mode are equal. Its shape looks like below with most of the data points clustered around the mean with asymptotic tails.