Dilemma of the day: your own competence

- On the one hand you should trust your competence to be confident in the outcome of a risky project.

- On the other hand you should not trust your competence to make sure you don't make stupid mistakes.

I wonder how we can diagram and solve this dilemma. It looks like a typical trade-off that draws on a limited resources, but I can't put my finger on it. This is somewhat similar to Adam Smith's passionate-dispassionate dichotomy in The Theory of Moral Sentiments.

Quote of the Day

Contrary to popular belief, the brain is not designed for thinking. It’s designed to save you from having to think, because the brain is actually not very good at thinking.Thinking is slow and unreliable. Nevertheless, people enjoy mental work if it is successful. People like to solve problems, but not to work on unsolvable problems.
...
For problems to be solved, the thinker needs adequate information from the environment, room in working memory, and the required facts and proce- dures in long-term memory.

-- Daniel T. Willingham. Why Don't Students Like School. 2009.

Speaking of competence, here's a picture for you

There must be a better way to present this information.

(no subject)

A - desires;
B - satisfiers;

C = A x B;

internal A -> A <- external A;
internal B -> B <- external B;

if we can externalize a satisfier and express it as a number (money, stars, likes, grades), we can can gain control over external desire formation and evaluation. See the difference b/w the supermarket transaction model and the amazon model.

Besame Mucho

"" (Watch on YouTube)

"Kripke on the Descriptive Theory of Names" (Watch on YouTube)