gwern comments on The Craigslist Revolution: a real-world application of torture vs. dust specks OR How I learned to stop worrying and create one billion dollars out of nothing - Less Wrong

47 Post author: Kevin 10 February 2010 03:15AM

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Comment author: gwern 10 February 2010 10:47:32PM 1 point [-]

Allow me to summarize your argument:

'<activity> is <bad / inefficient> because an <efficient market / $DEITY> would already be doing it; <efficient market / $DEITY> is not doing <activity>, so eo ipso, <activity> is <bad / inefficient>.'

It seems unlikely to me that the market is really allocating resources appropriately with regard to existential threats because of the many collective action issues.