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account the cost of computation. Real agents need to modulate the amount of time they spend thinking by the effect the extra thought has on the results of a decision. If you’re trying to choose a toothbrush, you probably don’t need to consider all four thousand listings for manual toothbrushes on Amazon.com before making a purchase: You trade off the time you spend looking with the difference it makes in the quality of the outcome. This trade-off can be formalized, resulting in a model of rational behavior that artificial- intelligence researchers call “bounded optimality.” The bounded-optimal agent doesn’t focus on always choosing exactly the right action to take but rather on finding the right algorithm to follow in order to find the perfect balance between making mistakes and thinking too much. Bounded optimality bridges the gap between rationality and heuristics. By describing behavior as the result of a rational choice about how much to think, it provides a generalizable theory—that is, one that can be applied in new situations. Sometimes the simple strategies that have been identified as heuristics that people follow turn out to be bounded-optimal solutions. So, rather than condemning the heuristics that people use as irrational, we can think of them as a rational response to constraints on computation. Developing bounded optimality as a theory of human behavior is an ongoing project that my research group and others are actively pursuing. If these efforts succeed, they will provide us with the most important ingredient we need for making artificial- intelligence systems smarter when they try to interpret people’s actions, by enabling a generative model for human behavior. Taking into account the computational constraints that factor into human cognition will be particularly important as we begin to develop automated systems that aren’t subject to the same constraints. Imagine a superintelligent AI system trying to figure out what people care about. Curing

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