Are you a Baloo or a Bagheera? Explore vs Exploit Concept - FutureIQ

Are you a Baloo or a Bagheera? Sounds like a very silly question but has a deeper meaning to it. Should you try to rise in your current company or explore other companies? Should you get better at Java programming or pick up Machine Learning? All these decisions are related to the explore-exploit concept. We take up real-life scenarios and explain this dynamic concept. When should you switch from exploring to exploiting? This is answered by the epsilon fixed algorithm. Watch the video till the end to understand this algorithm and see what works best for you. You might also like: Embrace Failure: https://youtu.be/OAAYnb9LUsU Make Brilliant Decisions: https://youtu.be/aQg7dAJWqyk why you are addicted to shopping: https://youtu.be/lEvzk05XzOg Click below to buy this book: Million Dollar Weekend by Noah Kagan https://tapthe.link/milliondollarweekend Hope you enjoyed FutureIQ by Navin Kabra and Shrikant Joshi. Do hit us up on Twitter: @ngkabra http://twitter.com/ngkabra @shrikant https://twitter.com/shrikant Listen it on the podcast provider of your choice: https://tapthe.link/FutureIQRSS Watch other episodes of The FutureIQ podcast: https://www.youtube.com/playlist?list=PLAppTB0r5_TaYueZ0adD42Wiw5X-wTE4v Chapters: 00:00 Are you Baloo or Bagheera 00:40 What if I am both? 05:41 When is the right time to switch over? 12:36 Restrictions on exploration? 15:03 Psychology of explore-exploit concept #futureiq