Thom_Blake comments on Say It Loud - Less Wrong

31 Post author: Eliezer_Yudkowsky 19 September 2008 05:34PM

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Comment author: frelkins 21 September 2008 12:25:24AM 5 points [-]

@Steven

"Nobody actually says things like "70% probability the sky is green."

I do, all the time, because I run a prediction market. So far it's been right 57 out of 60 times. The market's ability to say 70% that [insert key business metric] is [insert major corporate strategy] allows management to make very valuable decision trees. Highly recommended.