1,532 karma · joined December 22, 2010
Imagine bad (incorrect and potentially harmful) information is public knowledge. Examples are "X cures cancer" or "Is Y dangerous to consume".
A prediction market will be seeded by public knowledge (of course it cures cancer or its safe to consume), which you describe "suckers". History is filled with many examples of bad public knowledge that turned out to be false (e.g. DDT is safe pesticide).
An insider (someone who knows the drug trial results, or works at the Corp creating the harmful substance) is incentivized to trade on that knowledge, which creates a better informed public (via people who pay attention to prediction markets).
Why does secret(insider) knowledge exist? To the benefit of the organization that wants to keep the knowledge secret. Insider trading laws purpose is to keep Corp and gov orgs in power. They prevent the dissemination of true information (for private power). Prediction markets incentivize the dissemination of true information, a public good.
* mass produced EVs * Neural links to brain * reusable rockets * more efficient tunnel digging
Dude has a pretty good record of taking stuff in R&D and making pretty real products and/or companies. Can you name someone better?
I largely agree with you, but I would tweak it to say "Humans are decent at doing what's best for them given their own values and knowledge".
Also gov regulation is not the only form of regulation. Fear of getting sued by your customers into bankruptcy is an effective regulation on putting harmful substances into your vape.
If your definition of fascism includes the merger of corporate power with gov power, then the USA has met that definition for at least 30 years. So yes, I guess I've tolerated it in my backyard, as every American has.
I didn't say "signal processing", I stated 'signal prediction machine'. This is not my idea, I would say my more source is the book On Intelligence, written by neuroscientists https://en.wikipedia.org/wiki/On_Intelligence but this idea is hundreds of thousands of years old.
Prediction as intelligence is hardly a fringe topic https://link.springer.com/article/10.1007/s13164-021-00538-5
Try to not be insulting when you post here, this is not reddit.
Honestly, Anthropic's stance feels like an oligarch stance. We have better morals than the American people, we will decide what weapons systems the military will use or not use.
It's perfectly understandable if they don't want to sell weapons to the government. That is a noble thing. But Anthropic wanted that DoW money and wanted to determine what is moral vs. not
am I super biased or fully drank the Kool aid if I believe entrepreneurs are the solution to many of society's ills?