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“The conceptual vocabulary derived from the classical form of the [multi-armed bandit] problem—the tension between explore/exploit, the importance of the interval, the high value of the 0-0 option [Gittins Index], the minimization of regret—gives us a new way of making sense not only of specific problems that come before us, but of the entire arc of human life. 54” — Brian Christian
The conceptual vocabulary derived from the classical form of the [multi-armed bandit] problem—the tension between explore/exploit, the importance of the interval, the high value of the 0-0 option [Gittins Index], the minimization of regret—gives us a new way of making sense not only of specific problems that come before us, but of the entire arc of human life. 54