arbimote comments on Open Thread: February 2010 - Less Wrong

1 Post author: wedrifid 01 February 2010 06:09AM

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Comment author: arbimote 02 February 2010 02:29:54AM 0 points [-]

People would hire the firm if it could be demonstrated that the firm consistently produced accurate results. So initial interest might be low, but pick up over time as the track record gets longer.

Comment author: Jack 02 February 2010 02:45:07AM *  0 points [-]

Right, but how do you get started? Begin by giving away the service? Work on spec? What kind of companies/organizations would hire such a firm?

Comment author: LucasSloan 02 February 2010 07:43:29AM 5 points [-]

Bet on propositions on InTrade. If you are good, you will make money from the exercise, as well as establish crediblility.

Comment author: arbimote 02 February 2010 05:03:58AM 0 points [-]

Perhaps start by giving it away, or sell it to small buyers (eg. individuals).

But I've got to admit I don't have experience in this area, so my suggestions are mostly naive speculation (but hopefully my speculation is of high quality!). Research into existing prediction companies is called for.