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There are two ways to speed up antiscamming that I can think of. It could become automated, AI-controlled, with a machine capable of pulling the trigger at comp
by JulianMorrison 18y ago
There are two ways to speed up antiscamming that I can think of. It could become automated, AI-controlled, with a machine capable of pulling the trigger at computer-speed. Or, it could become distributed, one-on-one. The latter seems to me to have better scaling characteristics.
How about this as an idea: suppose somebody starts a financial market which from day one has a system of guarantors. You have to be introduced by a member, who thereby takes full personal responsibility for your bankrupt losses.
- randallsquared 18y agoThe "full responsibility" thing means I will never introduce anyone, save possibly my own children.
- JulianMorrison 18y agoYou would be able to demand insurance and payment from them as a condition. You could demand they let you audit on zero notice. In the worst case you would be able to revoke their sponsorship and that of their transitive protégées (stopping your losses by cutting off responsibility for any future transactions). The idea here is to make the risk manifest with the risk-taker, rather than letting it settle by default on their clients.