The Game You Won't Play

Video Statistics and Information

Video
Captions Word Cloud
Reddit Comments
Captions
A portion of this video is sponsored by LastPass. Vsauce! Kevin here, and  I’m being mugged by a baby. WALLET, PLEASE! No, no. I’m not giving you my wallet! Stop bloviating and give me  your wallet. This is a mugging. No. It's not a mugging. I’m trying  to make a math video, and you are a   baby... child… doll thing. You’re not mugging me. Oh, Yes I am. How much scratch  is in the wallet of yours, Jack? My name is Kevin. Not Jack. And not a  lot of money… like, $10. Now go away. Here’s the deal, if I take your wallet today,   I’ll find you tomorrow and give you $20.  That’s a 100% return on being mugged by me. What? Come on. There’s, there's no way that  you’ll possibly make good on that deal,   I can’t trust you, you're just  some creepy thieving baby doll. Ah, hardball's your game, huh? TEN TIMES then.   Ten times! I’ll give you $100  tomorrow for stealing $10 bucks today. Huh. Seems kinda like a decent deal. No! No.  No. No. This is ridiculous. Where are you   gonna get 100 dollars tomorrow? Uh uh no. I'm not  giving you my wallet. I'm keeping my ten bucks. $10,000! WHAT? $10,000 tomorrow for $10  bucks right now, buddy boy! Ok, actually… this is starting to get interesting.  Give me a second to think about this. Go over   here. I need to start considering the odds of this  actually happening. What are the odds of a child   jumping me on the street and then making good  on their promise to give me more money tomorrow? This is the only way I can decide. I can compare  the probability of it happening relative to the   payoff I’ll get if it does. If the odds were 50%  and I had $10, I’d break even playing this game   over time if babies mugged me every day. If  the payoff is $100 then I'd break even at 10%   odds. If the payoff is $10,000, and there’s a  better than a 0.1% chance, which is 1 in 1,000,   that the baby delivers the $10,000 to me tomorrow,   and it only costs me $10 today, then it’s  actually a smart move in terms of expected value. $1 billion, Kevin. $1 billion. I will give  you $1 billion tomorrow for stealing the $10   in your wallet today. Do the math,  Kevin. Do the math. Do the math. Alright, alright, I'll do the  math. Alright, so is there a 1   in 100 million chance that this scenario is real?  That’s my breakeven point. If the odds are, say,   1 in 50 million, this is a great  deal theoretically. If I’m wrong   and it’s 1 in 125 million? Then I've  made a really bad decision here. I mean, think about it… what are the odds  that a super bored billionaire is sitting   around with a few other really bored billionaires  and they're watching me as they play some kind of   social experiment? They could give the baby  doll the money tomorrow. That sounds crazy. And   highly unlikely. But is it  possible? Yeah... it's possible. At a certain point, the odds that this  scenario is legit make giving up my   wallet worth it relative to the payoff.  It’s just a wallet, and I lose $10 and   I get a mathematically-plausible possibility  of getting enough money to change tens of   thousands of lives. Maybe more. What would you  do with $10 billion or $100 billion dollars? I'd   fill a swimming pool with peanut butter and then  figure out the rest from there. The rewards here   are very real, and the expected value calculations  add up, so why would I not do this? That’s   the rational decision. It’s like a  lottery that’s mathematically in my favor. Here’s a question: can I even figure out the  real odds in a situation like this? I’m not   just flipping a coin, I’m wondering what a weird  inanimate doll-thing is going to do tomorrow. A hardcore mathematician fully  committed to expected value would   happily let this baby mugger's deal. But you’re  smarter than that. You know this isn’t a good   idea, if you give this baby your  wallet, you’re never seeing either one   ever again. A baby needs to steal  10 bucks today but is gonna pay you   a billion tomorrow? It makes no sense! The  baby knows the expected value calculation, too,   and understands that it’s perfectly rational  for me to give up my wallet… so why wouldn’t she   use that information to her advantage and pose a  scenario she can succeed with 100% of the time? Again, you’re smarter than the math here.   But can artificial intelligence realize what  you know? Or would it just play the numbers? WAIT. What if it’s not some weird  lottery-style payoff? What if it’s   not a good thing at all and  instead is something… terrifying? What if the baby says they’ve got  a biological weapon that will harm   millions, and they’ll unleash it unless you give  them your $10? Does giving up your wallet as a   preventative measure make more sense than  the scenario in which you were gonna win   a bunch of money? Should the extremely low  probability of something really just converge   to being 0? At what point do we just  consider such a small value meaningless? And   what if a very low probability event is offered  to 1,000 people? Does it make sense for us to   pass on it as individuals, but to accept  it if we all do it together in a group? That’s really the impact of “Pascal’s  Mugging,” based on Pascal’s Wager,   the centuries-old philosophical argument about the  existence of God. A scenario developed by Eliezer   Yudkowsky and further explored by Nick Bostrom  has tested the limits of belief in utilitarianism,   expected value, and decision-making in pretty  weird scenarios. If you want to dive further   into the origins of Pascal’s Mugging, you can read  their explanations free online -- and you should. But it also might matter to  some NOT weird scenarios.   Recycling a single soda can probably isn’t  going to save the environment, but we have good   reasons for thinking it’ll lead to an important  payoff despite being irrational on the surface.   At a certain point, we really can’t comprehend  how big something is, or how good it is,   or how dangerous it is… so how can we possibly  program artificial intelligence to make the   decisions that are actually in our best interest  and not just based on the best raw calculation? So is this deal actually a good deal for me? Do I  let a baby take my wallet for the possibility of   tremendous gain, or to avoid a horrible disaster,  even though I know it’s obviously absurd? So, you gonna gimme your wallet or not, Jack!? No, no, no I’m not. I personally would rather do a  little bit of good with my $10 for sure than risk   it for a near-impossible monumental payoff. But  some of you watching this video would likely have   a different answer -- and that’s ok. We  both have perfectly valid conclusions. And   one of the many crucial things to consider  as we advance artificial intelligence is   understanding those critically-important  nuances of human intelligence. And saddle-shoe-wearing grifter  doll intelligences too I guess. And as always -- thanks for watching. Real quick this portion of the video was sponsored  by LastPass. It frees your BRAIN from remembering   passwords by auto-filling your usernames and  passwords across all devices. And with their   security dashboard which helps track and improve  your password strength across the internet   and their new dark web monitoring to protect your  accounts, your unlimited password storage is kept   safe. They even have a secure password sharing  feature so you never email someone your password   again. Don't email someone your password. And  you can simplify online shopping for the holidays   by having your payment and shipping info filled  out for you. So to get 40% off LastPass Premium   for a limited time, go to LastPass.com/Vsauce40 or  click the link below. Offer expires December 8th.   Thanks to LastPass for sponsoring  this portion of the video. Okay bye. Give me your wallet, this is a mugging. $10,000 tomorrow for $10 right now, Jack. Do the math, Kevin!
Info
Channel: Vsauce2
Views: 368,801
Rating: 4.9050083 out of 5
Keywords: vsauce, vsauce2, vsause, vsause2, lastpass, lastpass login, password, password generator, lastpass chrome, lastpass download, lastpass premium, random password generator, generate password, password manager, recover, lastpas, laspass, lastpass premium features, delete account mobogram, lastpass.com, how secure is my password, last password, pascals wager, pascal, money game, pascals mugging, dot game that breaks your brain, the auction problem, surviving the deadliest game, probability
Id: rL3gZH5Em5c
Channel Id: undefined
Length: 10min 6sec (606 seconds)
Published: Tue Dec 01 2020
Related Videos
Note
Please note that this website is currently a work in progress! Lots of interesting data and statistics to come.