3 ms·
>It can look bad, but this is just an aspect of human behavior Why "can look", "but", "just"?
by happytoexplain 8mo ago
>It can look bad, but this is just an aspect of human behavior
Why "can look", "but", "just"?
- Ajedi32 8mo agoI think GP is saying it's not the prediction market that's bad, but human nature itself. The prediction market just makes it more visible.
- tclancy 8mo agoIf we ignore that people are literally profiting from running the prediction market that happens to make it visible and giving incentive to uninvolved parties to have a STRONG OPINION about any type of event for the purpose of gambling, yeah, I guess that's a point.
- parineum 8mo agoLife insurance allows people to profit from murder.
- afavour 8mo agoSo the existence of one unwanted side effect means we shouldn't care about any others?
- parineum 8mo agoNo, that's not the point. The point is that such perverse incentives already exist in a lot of places. Polymarket style betting on the scale that it enables is new but it's just that, a difference in scale but not kind. The reason I bring that up is to caution against an overreaction to treating it like it's a brand new thing that needs to be dealt with in some unique way. Instead, trying to figure out why the existing mechanisms that prevent the same kind of abuses might not work at scale is a better mindset, I think.
- deleted 8mo ago[deleted]
- tclancy 7mo agoYou gotta stop watching film noirs.
- cannonpr 8mo agoBecause it’s one of many events that violates our belief in our selves more than the nature of human society and man as a social animal based on studies of what we actually are.