Hello Habryka. Could you link to a good overview of why taking loans does not make sense even if one thinks there is a high risk of human extinction soon? Daniel Kokotajlo said:
Idk about others. I haven’t investigated serious ways to do this [taking loans],* but I’ve taken the low-hanging fruit—it’s why my family hasn’t paid off our student loan debt for example, and it’s why I went for financing on my car (with as long a payoff time as possible) instead of just buying it with cash.
*Basically I’d need to push through my ugh field and go do research on how to make this happen. If someone offered me a $10k low-interest loan on a silver platter I’d take it.
I should also clarify that I am open to bets about less extreme events. For example, global unemployment rate doubling or population dropping below 7 billion in the next few years.
Hello Habryka. Could you link to a good overview of why taking loans does not make sense even if one thinks there is a high risk of human extinction soon? Daniel Kokotajlo said:
I should also clarify that I am open to bets about less extreme events. For example, global unemployment rate doubling or population dropping below 7 billion in the next few years.
I do actually have trouble finding a good place to link to. I’ll try to dig one up in the next few days.