A bonus is an unexpected extra reward that you did not factor into initial risk/reward calculations; a sign of serendipity in a process. But somehow, we've gotten into the bad habit of thinking of bonuses as expected but uncertain rewards that can be reliably obtained by "overperforming" in some way, relative to the preset expectations of a human counterparty like an employer or client. From Wall Street bankers to restaurant waiters and Uber drivers, everybody "plans" around supposedly "bonus" rewards. We even bring notions of efficiency to this. We try and "hack" reward functions for bonuses
The Algorithmic Bonus Mindset
The Algorithmic Bonus Mindset
The Algorithmic Bonus Mindset
A bonus is an unexpected extra reward that you did not factor into initial risk/reward calculations; a sign of serendipity in a process. But somehow, we've gotten into the bad habit of thinking of bonuses as expected but uncertain rewards that can be reliably obtained by "overperforming" in some way, relative to the preset expectations of a human counterparty like an employer or client. From Wall Street bankers to restaurant waiters and Uber drivers, everybody "plans" around supposedly "bonus" rewards. We even bring notions of efficiency to this. We try and "hack" reward functions for bonuses