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Gunnar_Zarncke comments on Creating an Optimal Future - Less Wrong Discussion
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The risk of community meme inbreeding is interesting and I think real. Even for LW there are memes where the community appears to be overconfident.
I hoped to find something which moderates this effect but found optimalfuture to be 'just another forum'.
I'd like to see something where ideas are exchanged and rated or even 'traded' like it is done in the Foresight Exchange http://www.ideosphere.com/ where you put yours stakes into clearly defined 'memes'.
In a way the voting on posts does express the confidence of the community in a meme in a loose way. But I'd like to see a more clear way that doesn't hinge on popularity or makeup.
Couldn't we build a site where you actually 'trade' ideas/memes? This could be done my attaching claims to a post that can be bought and sold like in the Fuuture Exchange but without the strict judgement process there.
Or better to provide such an Idea Exchange at an independent site which provides this service without overly dominating the traded ideas by its topics.
But how do you judge whether the Exchange pays out? Number of karma votes?
You don't need to pay out once or at a fixed time. Normal stocks aren't either.
My first idea was that you could 'buy' a meme and advertize so e.g. on your blog. This creates a 'demand' for certain memes. The problem is that you'd be incentiviced to sell your own opinion to cash in.
Then I came up with the idea of 'endorsing' versus 'trading' memes. Endorsing a meme could be taken to be a dividend of the meme. This allows to 'buy' early and cash in on the later endorsing by others. And you could still sell when you have convinced the majority without dropping your endoring. If everybody is only entitled to a limited number of 'endorsed' memes this avoids meme inflation.
The idea is that endorsing is a slow proces you may change your opinion only once a week, e.g. by linkingto it (or its reverse on your blog. But trading can be as fast as you want.