drethelin comments on The $125,000 Summer Singularity Challenge - Less Wrong
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Comments (259)
don't forget the simple explanation: It's risky to offer to match infinite dollars.
The rational donor wouldn't offer to match x for y time; they would simply offer to match x. So the donor would simply offer to match the first dollar and forty-one cents donated. There's no risk of accidentally being required to donate more than you'd want to.
I thought humans did that a lot on financial markets (make an offer that potentially incurs an infinitely large obligation), in particular when they sell ("write") certain option contracts?