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Comment by pdonis

4 years ago

> It's just people having trouble understanding counterfactuals.

That's one issue, but another issue is how accurately we can estimate the counterfactual outcomes. In the case you described, where some up-front investment can reduce costs later on, the accuracy of the estimate of the counterfactual is usually fairly good. But when we talk about society-wide or planet-wide outcomes, our accuracy is much worse. Even in many cases where it seems fairly obvious that an up front intervention mitigated significant harm, we really don't know that with a very high level of confidence. There are just too many uncontrolled and unmeasured variables.