<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto"><div>On Jul 22, 2016, at 12:37 AM, Anders Sandberg <<a href="mailto:anders@aleph.se">anders@aleph.se</a>> wrote:</div><div>This is something I have been wondering about too. I am pretty confident that a fair chunk, of the conservatism is just biological responses to having less energy and a lowered learning rate. But I don't know if this explains most of it. Robin argued that there would be inevitable conservatism and fragility due to pure learning effects in his book.</div><blockquote type="cite"><div><span></span><br><span>There is also the social angle. When you are older you are more likely to have a position/wealth/status to lose. So that might make you less willing to take big risks or support social change.</span><br></div></blockquote><div><br></div>What about less chance of recovery or greater realization of the risk if you take a big chance and lose?<br><br><div><div id="AppleMailSignature"><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);">Regards,</span></div><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);"><br></span></div><div><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);">Dan</span></div><div style="line-height: normal;"><div style="line-height: normal;"><span style="background-color: rgba(255, 255, 255, 0);"> Sample my latest Kindle book, "The Late Mr. Gurlitt," at:</span></div><a dir="ltr" href="http://mybook.to/Gurlitt" x-apple-data-detectors="true" x-apple-data-detectors-type="link" x-apple-data-detectors-result="1" style="background-color: rgba(255, 255, 255, 0);"><font color="#000000">http://mybook.to/Gurlitt</font></a></div><div><br></div><div style="line-height: normal;"></div></div></div></div></body></html>