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In practice, the quality of thought processes seems much more important than the the rate at which such processes are carried out.

Of course the quality of thought matters.

But if you have two individuals that have the same quality, but different speeds, the faster one will seem smarter.

Think of a fast flowing conversation. A slower thinker is going to miss references and associations that a faster one will get. So the faster thinker will learn more from the conversation, and be able to participate more. This has many benefits.




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