#rationality # [[Epistemic status]] #shower-thought #to-digest # Related - [[Philosophy/Rationality/Models/Exploration vs exploitation]] - [[Philosophy/Rationality/Reversible decision]] - [[Philosophy/Psychology/System 2]] - [[Philosophy/Psychology/System 1]] # TODO > [!TODO] TODO # Decision levels >Take short-term action now, but defer permanent action until later. >~ [[Reid Hoffman - Reid Hoffman - Blitzscaling - The Lightning-Fast Path to Building Massively Valuable Companies - libgen.li|Reid Hoffman]] Jeff Bezos, founder and CEO of Amazon, made this exact argument in his 2015 letter to shareholders, where he introduced the idea of Level 1 and Level 2 decisions. He describes a Level 1 decision as one that is hard to reverse, whereas a Level 2 decision is one that is easy to reverse. Bezos argues that we should be slow and cautious when making Level 1 decisions, but that we should move fast and not wait for perfect data when making Level 2 decisions.