Month: January 2021

Exploration vs. Exploitation

I first heard the concept of Exploration vs. Exploitation in the 2016 book by Brian Christian and Tom Griffiths called Algorithms to Live By: The Computer Science of Human Decisions. Briefly, exploration involves the discovery of something new. Exploitation involves mining a previously discovered pleasure to extract more pleasure. Both have their uses. Both are …

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Wealth

A few months ago, my soon to be 23 year old son asked me, ”Dad, what can I do to be rich?” This led to a more thorough conversation about what constitutes riches and wealth. I shared one of my favorite Henry David Thoreau quotes, ”That man is richest, whose pleasures are the cheapest.”  I …

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