The Bearer of Good Coronavirus News
wsj.com
wsj.com
Not too much in this piece other than what's been said in countless HN discussions already.
Unsurprising the WSJ publishes an opinion piece carrying water for this unfortunate perspective.
Any circumstance where you’re dealing with low probability, high impact events you will necessarily lack evidence to estimate the true expectation from prior experience (aka evidence). Your prior will be biased in its mean and almost no amount of “evidence” can fix that.
The median of a new outbreak is not worrying, the mean is worrying, and the min is apocalyptic.