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Clarity comments on Open thread, Dec. 21 - Dec. 27, 2015 - Less Wrong Discussion
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Thoughts this week, part 2
Sweat equity marketplaces
Anyone know why online sweat equity marketplaces never took off? Their website is basically non-functional. I can see the potential for sweat-equity marketplace focusing on a surprising number of fields - say cash strapped writers looking for an editor for instance.
Nuremburg principles
Love and subjective well-being
Love has too complex a relationship with happiness for me to want to try to make rational decisions in relation to (sentence structure pls)
Health prioritization
Wow. Did not expect that.
I read it in an article about stigma of mental health in entrepreneurs. To try and find the original source, I googled the statistic and found this lovely designed page, an advertisement
This led me to this lovely project which led me to this initiative which I forsee financial analysts using to make stock market predictions based on people's sentiment!
The article says:
No existing term sheets seems to be a huge barrier for getting the project adopted.
The traditional model is that there are publishing houses that have expertise in judging which book is likely to be successful. A cash strapped writer can go to one of these and then the publishing house pays for all additional expeneses.
On the other hand the average editor doesn't want to invest the time to see whether certain books are viable before investing into the book.
Why would an editor want to do work whose compensation is very risky (maybe you're editing the next Harry Potter, but >80% of the time it's going to lose money) instead of work whose compensation is certain?
This is compounded by adverse selection: the better my thing is, the less willing I will be to sell equity, and so the equity markets will be mostly flooded with garbage.