What are the key differences between nihilism and hedonism, and how do these contrasting philosophies impact one's outlook on life and values?

Nihilism is the belief that life has no inherent meaning or value, while hedonism is the pursuit of pleasure and happiness as the highest good. Nihilism can lead to a sense of despair and apathy, while hedonism can prioritize immediate gratification over long-term fulfillment. These philosophies can shape one's outlook on life by influencing their beliefs about purpose and happiness, and impact their values by guiding their choices and priorities.