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How to ThinkIn the Age of AI
Principlev1PR-896

Define an explicit acceptable error rate for each system…

Define an explicit acceptable error rate for each system you operate rather than implicitly requiring perfection.

Why This Is a Principle

Core error budget principle from L-0485. Grounded in Human beings make decisions under conditions of incomplete… (bounded rationality), Increasing options decreases satisfaction and increases… (choice overload), and Intentional underutilization (slack) is necessary… (slack necessity). Simon's satisficing demonstrates that thresholds are necessary, not compromises.