Summary
From the article:
I’ll defend this statement in a minute, but first of all: I am now giving you permission to do something about COVID-19. You have permission to read up on the symptoms of the disease and how it spreads. Educate yourself on the best ways to avoid it. Stock up on obvious essentials such as food, water, soap, and medicine, as well as less obvious things like oxygen saturation monitors so you know if you need emergency care once you’re sick. You should decide ahead of time what your triggers are for changing your routines or turtling up at home.
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Most people sitting alone in a room will quickly get out if it starts filling up with smoke. But if two other people in the room seem unperturbed, almost everyone will stay put. That is the result of a famous experiment from the 1960s and its replications — people will sit and nervously look around at their peers for 20 minutes even as the thick smoke starts obscuring their vision.
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On February 13th, Vox published a story mocking people in Silicon Valley for worrying about COVID-19. The article contained multiple factual mistakes about the virus and the opinions of public health experts.
On the 17th, Eliezer asked how markets should react to an obvious looming pandemic. Most people agreed that the markets should freak out and aren’t. Most people decided to trust the markets over their own judgment. As an avowed efficient marketeer who hasn’t made an active stock trade in a decade, I started at that Tweet for a long time. I stared at it some more. Then I went ahead and sold 10% of the stocks I owned and started buying respirators and beans.
By the 21st, the pandemic and its concomitant fears hit everywhere from Iran to Italy while in the US thousands of people were asked to self-quarantine. Most elected officials in the US seemed utterly unaware that anything was happening. CNN ran a front page story about the real enemies being racism and the seasonal flu.
This week the spell began to lift at last. The stock market tumbled 7%. WaPo squeezed out one more story about racism before confirming that the virus is spreading among Americans with no links to Wuhan and that’s scary. Trump decided to throw his vice president under the coronavirus bus, finally admitting that it’s a thing that the government is aware of.
And Rationalist Twitter asked: what the fuck is wrong with everyone who is not on Rationalist Twitter?
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The goal of this post is twofold. First, if you’re the sort of person who will keep sitting in a smoke filled room until someone else gets up, I’m here to be that someone for you. If you’re a regular reader of Putanumonit, you probably respect my judgment and you know that I’m not particularly prone to getting sucked-in to panics and trends.
And second, if you watched that video thinking that you would obviously jump out of the room at the first hint of smoke, ask yourself how much research and preparation you’ve done for COVID-19 given the information available. If the answer is “little to none”, consider whether that is rational or rationalizing.