explore/exploit tradeoff: model vs. reality

To navigate life we create mental models of the world out there, and then we confuse the models for reality. What is the explore/exploit tradeoff? The gambler needs to learn new knowledge about the machines and simultaneously use what they have already learned to optimize their decisions. In the literature, these two activities are referred to as exploring and exploiting. You can’t do both things at the same time. When you explore, you are pulling new arms on the bandit trying to figure out their expected payout....

February 27, 2024 · 4 min · un01s

The despair of Ukraine and others

There is one commentary on politico.eu on Ukraine by Mariam Naiem. On June 6, a catastrophic event unfolded in Ukraine as the dam in Nova Kakhovka was destroyed, another war crime by Russia. I’d like to highlight the following paragraph. “To us (Ukrainians), it feels as though the world is anticipating yet another tragedy, as if we are simply characters in a dystopian series. Only when faced with a concoction of pandemics, floods, bombings, torture and rape can we receive help and support....

June 29, 2023 · 1 min · un01s