Investment Strategy
Raison d'être
My original reason for risking my money for more, and the reason I tell myself, is that the marginal value of losing just about any amount of my money at the moment is negligible. I am fairly austere in my consumption habits and have no big ticket debt. Though, having lots and lots of money would certainly improve my options in life.
History
I am a bad gambler, better and investor. I lost thousands using the Martingale betting strategy which seemed to work on short-time line simulations that I tried, but failed to work in real life. I now understand why it doesn't work fortunately. I lost thousands on poker, which I’m awful at. Now, I’ve lost thousands on speculating in stocks.
Insight
I understand why I lost money when I gambled. It’s less clear to me now as a speculator. My consistent failure has resigned me to avoid any active management of my money making by investing for the foreseeable future because maybe I'm just a gambler and rationalizing all my irrationality in finance away. I was hoping someone here could help me understand what’s going on?
Strategy
My current stock portfolio is down 6000 dollars. My prior is that I have just been the liquidity in the market. My basic strategy has been buying mainstream stocks whose price has tanked for one reason or another (in the hope of a turnaround, or capitalising on people’s fear causing them to dump the stock below its actual value. And, to buy a few biotech stocks that seem high potential. This is all on the ASX cause it’s a hassle to open accounts to trade internationally:
Performance: underpriced
* BHP Billiton crashed due to low oil and an environmental disaster in brazil
* Slater and Gordan crashed due to getting class action law-suited by its own investors (ironic, since slater and gordan specialises in just that) through its main competitor
* Woolworths crashed due to price war with competitor and weaker profits
Growth: High potential, tractable and neglected
* Bionics limited is putting through some psychiatric medications in trials and I thought it would almost be good philanthropy to sponsor it since it’s quite novel compared to existing treatments
* Integral diagnostics is mainly owned by doctors who own clinics that order the machines so I feel like it’s undervalued by people not connected to it
* Regis healthcare gives me cheap exposure to the aging population market
* Tissue Therapies sounded like it was about a wound healing thing from a superhero comic but turned out to just be some niche diabetic product
* Donfang modern agriculture grows mandarins or oranges in China, and I wanted exposure to China and thought it was interesting that they’re listed on the Australian stock exchange
Portfolio optimization


Outcomes
I’ve either made a significant loss on each of these, over the course of a month, or basically no change in the price. The exception is tissue therapies that I bought ages ago and lost lots on too. I was going for long term appreciation anyway, so maybe things are okay? Help me become stronger! The first stock I picked I did extensive quantitative research on the fundamentals. However, I couldn't integrate all the information I collated into a single indicator for what decision I should make and I still don't know what that would look like so I just had to go with my gut. I made a loss anyway despite having found evidence that the team involved were actually quite pathetic because I already did all the research and thought it sad if I didn’t participate (plus shorting seemed to complicating!). I know technical analysis is bullshit, and I don’t see how any inefficiencies in machine learning of stock data that I could replicate in a timely manner with my average brain haven’t already been taken advantage of by existing quants.
Experience of typical mind fallacy.
following on from:
http://lesswrong.com/lw/dr/generalizing_from_one_example/
I am quite sure in my experience that at some point between the ages of 10-15 I concluded that; "no the rest of the world does not think like me, I think in an unusual way".
This idea disagrees with the typical mind fallacy (where people outwardly generalise to think everyone else has similar minds to their own).
I suspect I started with a typical mind model of the world but at some point it broke badly enough that I re-modelled on "I just think differently to most others".
I wanted to start a new discussion; rather than continuing on from one in 2009;
Where do your experiences lie in relation to typical minds?
LessWrong experience on Alcohol
following on from this thread:
http://lesswrong.com/lw/m14/id_like_advice_from_lw_regarding_migraines/c9kr?context=3
User Algon asked:
I don't drink alcohol, but is it really all that? I just assumed that most people have alcoholic beverages for the 'buzz'/intoxication.
I related my experience:
I have come to the conclusion that I taste things differently to a large subset of the population. I have a very sweet tooth and am very sensitive to bitter flavours.
I don't eat olives, most alcohol only tastes like the alcoholic aftertaste (which apparently some people don't taste) - imagine the strongest burning taste of the purest alcohol you have tasted, some people never taste that, I taste it with nearly every alcoholic beverage. Beer is usually awfully bitter too.
The only wine I could ever bother to drink is desert wine (its very sweet) and only slowly. (or also a half shot of rum and maple syrup)
Having said all this - yes; some people love their alcoholic beverages for their flavours.
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I am wondering what the sensory experience of other LW users is of alcohol. Do you drink (if not why not?)? Do you have specific preferences? Do you have a particular pallet for foods (probably relevant)?
I hypothesise a lower proportion of drinkers than the rest of the population. (subject of course to cultural norms where you come from)
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Edit: I will make another post in a week about taste preferences because (as we probably already know) human tastes vary. I did want to mention that I avoid spicy things except for sweet chilli which is not spicy at all. And I don't drink coffee (because it tastes bad and I am always very awake and never need caffeine to wake me up). I am also quite sure I am a super-taster but wanted to not use that word for concern that the jargon might confuse people who don't yet know about it.
Thanks for all the responses! This has been really interesting and exactly what I expected (number of posts)!
In regards to experiences, I would mention that heavy drinking is linked with nearly every health problem you could think of and I am surprised we had a selection of several heavy drinkers (to those who are heavy drinkers I would suggest reading about the health implications and reconsidering the lifestyle, it sounds like most of you are not addicted). about the heavy drinkers - I suspect that is not representative of average, but rather the people who feel they are outliers decided to mention their cases (of people who did not reply; there are probably none or very few heavy drinkers, whereas there are probably some who did not reply and are light drinkers or did not reply and don't drink).
I hope to reply to a bunch of the comments and should get to it in the next few days.
Thank you again! Maybe this should be included on the next survey...
Edit 2: follow up post -http://lesswrong.com/r/discussion/lw/m3j/tally_of_lesswrong_experience_on_alcohol/
Ask me anything.
Less Wrong,
Before posting this, I debated myself as follows:
"Should I create a new username?"
Motivations (normal): I have not posted here in a long time. There are honest, good reasons to start on an interesting forum with a "clean slate." One reason is that I have changed so many of my opinions since I last posted. This is not a big deal. I am recently 25.
Motivations (abnormal): OH MY GOD SOCIETY ANXIETY NEW SITUATION AAHHHHHHH.
Motivations (selfish): Less Wrong is full of experts whose internet names I keep coincidentally running into...
A pleasant surprise: Absolutely everybody I've been speaking with lately is entirely surprised that I had social anxiety all along.
My therapy: honesty. Weaknesses of honesty: obvious. Strengths of honesty: also obvious. For radical honesty, non-obvious to non-rationalists.
(I have not seen a therapist in about 10 years. My therapy is, to put it shortly, in the style of Bertrand Russell. Sort of.)
Well, I'm back. Let's see how much better I have become. I promise that I did not give myself time to read my old posts. Anybody who is sufficiently interested in me will always be able to find out what I was like anyway. My greatest protection is that I am not that interesting. That's risky. I have preferred the simple life for a reason. That reason has been bad.
Anxiety is irrational. It leads you to overestimate the degree to which people are interested in you. Anxiety is rational. It is an evolutionary vestige, reflecting a typical spectrum disorder, and is therefore likely to have been subject to selective effects, like overly aggressive dogs, and so forth. Real life paradoxes. Tricky things. They can drive you absolutely bonkers.
I give Less Wrong my total honesty. I will decline only with generalized rationales, only to protect the rights of others. These include ordinary rights to privacy. Again, anxiety. None of my friends have known me as long as I have been away from Less Wrong. Still, if I want to say "ask me anything," my reasons for declining, should I decline, will be "ordinary." I will therefore decline in polite, normal ways, and simplify answers in polite, normal ways. This took recent training: even after holding a steady, normal job for quite some time, in which I was "very good." It is blue collar. Nothing exciting. I will be leaving shortly.
I've come a long, long way my last post in a lot of ways. I remember one stupid mistake which kept me from posting on Less Wrong for a while: I came back - for a second - not too long ago, having read a few things about population genetics, and then I made an argument that was obviously stupid. (From memory and shame: I forgot about matrilineal descent.)
I have read the sequences. I remember them, from long ago, unusually well lately. They seem to be popping back up a lot. You can quote them to me. Do not assume I know anything. I've learned to be a little more patient.
I've learned a lot about the private sector which I "knew but didn't <em>know</em>." Like LaTex, HTML, and category theory (biological) and category theory (mathematical). I am still working full time in a blue collar job. I will find the time to learn. The question is, where to start...
Bad answers: school. (not yet. I know. I have a university subscription. It's practically free. I have access.)
Bad answers: textbooks. (I've read them. I prefer the real articles. I already know the only category theory (mathematics) textbook I need. To me, that's obvious. It's even more obvious to me than propositions like, "now's a good time to sleep.")
Good answers: "what?"
This Q and A will be conducted in the style of Robert Sapolsky. My plagiarisms are honest. You may request sources to any answer.
I will sleep. That's healthy. Much more healthy than I ever really understood. I'll check in tomorrow.
If nothing else, I do like jokes. You are allowed to treat this post with the full force of intellectual cruelty.
I was not always nice. I have done it to strangers. I do regret it now. Still, it can be funny. So, fire away!
______________
That concludes my first Less Wrong experiment. Like any bad experiment, it confirms what I know, because I know what a self-fulfilling prophecy is.
From now on, I will post on the presumption that I am not anonymous.
Continue.
(Note: as an analytical social hyperanxious who envied "normal functioning," I do not believe that I can hide. I can only expect people to be exactly as nice as they always were. There are no demands, in the world of hyperanxious honesty. Only requests.)
______________
Now, to begin another experiment: I am not anonymous, and I am also not here for therapy. That is what friends are for. I have my therapy. You know, family and stuff. Same honesty, new constraint, which, as promised, only random people on the internet may introduce.
Less Wrong just filtered what it can and cannot hear. It has done this before. Not its fault. Mine. I accepted "random internet responsibilities." I must now accept "people who are not me" constraints. Those, are rules. I am good at formalisms....
Continue as before. Ask me anything.
______________
The second experimental result: I have failed to elicit interest. Per the original posts, I accept the responsibilities of a writer, though I am no writer. Per ordinary standards of intellectual honesty, I will emphasize: this is an experiment. Less Wrong determines the parameters as it goes. The experiment will continue on the following lines:
My failures: clear communication.
My "root cause theory": Generalized Anxiety Disorder
My constraints: the lack of expertise to make that call.
My second constraint: sufficient knowledge and skill to avoid learning precisely what I need to.
My "primary" motivation: from memory, Less Wrong is full of people with similar intellectual interests.
My prediction: "self help" threads will be similar to mine, in some ways, albeit much better written.
My control: I have not ever read a self help thread.
Limitation: Why should Less Wrong believe that?
Ask me anything. Or not. Some experiments fail, others succeed.
Noticing
The Selective Attention Test is a famous experiment in perceptual psychology that demonstrates how strongly attention shapes our perceptions. In light of this experiment, I think it is interesting to consider the question of how much valuable information we have thrown away because we simply didn't notice it or weren't in a position where we could appreciate the importance. My intuition is that we have missed more information than we've actually absorbed.
I would like to consider the question of what is there to notice, in particular what things will provide us with value once we gain the prerequisite knowledge and habits to allow us to effectively perceive it. One example is that after I started a course on Art History, I gained the ability to notice more about possible meanings and interesting aspects of art. This is fantastic, because art is everywhere. Now that I have a basic ability to appreciate art I gain some level of growth almost for free, just from seeing art in places where I'd have gone anyway. I'm hoping to do a film studies course next year, since, like almost everyone, I watch movies anyway and want to get as much out of them as I can.
Marketing is likely another example. Someone who has studied marketing may unconsciously evaluate every ad that they see, and after seeing enough examples, gain a strong understanding of what counts as a good ad and what counts as a bad ad. Perhaps this won't be totally free, perhaps they will sometimes see something and not know why it is good until they think about it for a bit. However, this knowledge is mostly free, in that after you understand the basic principles, you gain some level of growth for a minimal investment.
I think that another more general situation like this is those activities that are a form of creation. If you try writing a few stories, then when you read a story you'll have a greater appreciation of what the author is trying to do. If you've played guitar, then when you listen to music you'll learn about the different techniques that guitarists use. If you've played sport, then you'll probably have a greater appreciation for strategy when watching a game.
Professional comedy writers are always looking for jokes. Whenever unusual or bad or unexpected happens, they note it so that they can try to find a manner of forming it into a joke later. I've heard that actors become attuned to different people's quirks, body language and manner of speaking.
The idea here is to figure out what you are doing anyway and find a method of quickly gaining a critical mass of knowledge. I believe that if you were to manage this for a number of areas, then there could be rather large long term advantages. Any thoughts on areas I've missed or methods of getting up to speed for these areas quickly?
Dealing with a Major Personal Crisis
This is the earlier promised post about Dealing with a Major Personal Crisis. Please continue reading there but comment here.
The reasons for posting it this way are explained at the end of the link. I hope this approach does what I want it to.
The Restoration of William: the skeleton of a short story about resurrection and identity
Bill died. He never liked having dumps done. Each year he would make excuses, put it off. "Next year." he would say. Only after Bill's death do people realise just how long this has been going on for: thirty years. They will have to restore Bill from a 30 year old tape. Is "restore" even the right word? How about "roll-back"?
Worse still, there was a big change in Bill's life 25 years ago when he had a mid-life crisis. He joined a personal growth cult, dropped old friends, made new ones. Some of his new friends can remember encounters with the old Bill of 30 years ago. They didn't like him and avoided him. There was a lot of friction when he joined the personal growth cult 5 years later. Some members wanted to black ball him. You cannot teach an old dog new tricks. It might be true, but the personal growth cult could hardly admit it.
Those who dreaded Bill's return had a week of respite when it seemed that Bill's tape had been lost. Lost? Bill really dead and gone for ever? That was unthinkable. Losing some-ones only back up tape would be a huge scandal. Who would stake their life with a careless archiving company?
After an increasingly panicky search it was found. Found! And still readable, after all those years, with a bit of manual fixing of uncorrectable errors.
Restored Bill woke to find 30 years had gone by. When we think back to what we were like 30 years ago, we do so as a process of diffs. What changed last year. What changed the year before that. What changed between two and three years ago. So when we think back to what changed between year 29 and year 30 and find we cannot remember, what are we to do? No doubt there were a whole years worth of changes, but not knowing what they were, we are seduced by the lazy assumption that they didn't amount to much. Restored Bill did not have the option of making lazy assumptions. He had 30 years of change dumped on him. The genuine article, the whole ka-boodle, with little relation to the convenient fictions that human memory embroiders over 30 years of telling, forgetting, patching and re-telling.
People who remembered disliking Bill 30 years ago were never-the-less sympathetic to the bewildered and pathetic figure, uncertain who and when he was. Phoning close friends to continue yesterday's conversation only to suffer them denying having know him was distressing. It wasn't people deny knowing him in retaliation for a falling out 25 years previously. It was worse than that. How many of your old friends from 30 years ago have you completely forgotten about? You'll soon find that you cannot remember any-one who you have completely forgotten about. The difference between tautology and fact is about a dozen dear old friends.
Restored Bill was struggling to cope with a huge disruption to the natural order of things. Was he acting out of character? Some of deceased Bill's new friends and some of his old friends tried the trick of getting a temporary hologram made from their own 30 year old dump tapes so that they could ask about Restored Bill. As usual this was a distressing experience as the hologram of ones old self turns out to be incompatible with ones own self image and personal narrative. People seeking an explanation for why Restored Bill was different from how they remembered him found instead a question: why were they so different from how they remembered themselves?
One reason was that "hologram" is a rather nasty euphemism, coined to disguise the harsh reality of the law that says "There can be only one." A "hologram" is actually a freshly down loaded flesh and blood person who must be euthanised after the consultation to ensure that there is only ever one copy of a person. The "hologram" is the origin of two genres of fiction. In the hologram-horror one is invited to share the chill of waking up and realising that one is only temporary with but an hour to live. In the hologram-thriller a copy of you has escaped and must be hunted down and killed before he can infiltrate society and impersonate you. There can be only one. If he succeeds you will die in his place, but he knows all about you, he is you!
So the hologram hasn't revolutionised the study of history in the way that you might at first imagine. A history student might try asking a hologram about the past, but pretty soon the hologram realises his predicament and lapses into sullen despair.
No such problem for Restored Bill. Previous Bill was dead and Restored Bill was the one. It all worked out right in the end. Restored Bill learned to rub along with most of deceased Bill's social circle, and the "clerical error" that had actually restored Fred-minus30 never came to light. Current Fred never learned against whom his deep loathing of Restored Bill was truly directed.
Crossing the experiments: a baby
I've always been more of a theoretician, but it's important to try one's hand at practical problems from time to time. In that vein, I've decided to try three simultaneous experiments on major Less Wrong themes. I will aim to acquire something to protect, I will practice training a seed intelligence, and I will become more familiar with many consequences of evolutionary psychology.
In the spirit of efficiency I'll combine all these experiments into one:

She's never seen Star Wars or Doctor Who.
She's never seen David Attenborough or read J. L. Borges.
She's never had a philosophical debate.
She's never been skiing.
Never had sex, never been hugged or even been licked by a dog!
She has so much to look forwards to...
(Though she'll be very boring for several months yet!)
[LINK] Accepting my Present Chocolate Addiction
I wrote a blog post this week about another kind of akrasia: unhealthy addiction. Most uses of "akrasia" here use it as a synonym for (real) procrastination (as opposed to structured procrastination which is actually just an effective way to fight Parkinson's Law: "work expands so as to fill the time available for its completion")... but the actual term refers more broadly to "acting against one's better judgement", a concept which obviously includes most addictions. When the addiction is time-consuming (e.g. internet addiction) then it can also be procrastination. Mine, on the other hand, is chocolate.
LINK: Accepting my Present Chocolate Addiction - MalcolmM.cC
The article integrates a wide range of topics, making it hard to find an obvious pull-quote, but I will offer that it links mindfulness to rationality by means of the Litany of Gendlin (which I've gained a lot of value from memorizing, as I find a chance to refer to it in thought or conversation about once/week):
Presence also implies a kind of acceptance: that reality is as it is, right now. And because it’s true, it is what is there to be interacted with.
For anyone looking for a rationalist introduction to mindfulness, you might appreciate A Less Mysterious Mindfulness Exercise, in a comment of which I offer a longer exploration of the word "accepting":
I would like to offer a distinction between two different kinds of accepting. One is the opposite of denial (which is being called "fighting" in this case). The other is the opposite of changing. Obviously, as rationalists, we want to move to do as much of the first kind of accepting as possible: this is what the Litany of Gendlin is all about: "what is true is already so" so we might as well accept that it is presently true, regardless of whether or not we'd like to change it long-term. This is true of our thoughts as well. Am I thinking of a pink elephant? Very well, I'm thinking of a pink elephant. Fighting the thought doesn't work, so why do it?
...
"Accept the things you cannot change, change the things you can, and have the wisdom to know the difference." A rather obvious axiom of mindfulness is that it's too late to change the present. So you might as well accept it.*
*unless you have a time-turner, in which case subtract six hours.
While there are a number of strategies for going from addiction to abstinence (aka "quitting") it appears to be much more complicated to go from addiction to periodic, non-compulsive use. This is of huge importance for addictions to things like food and internet, that one can't give up entirely. Or chocolate, where the first bite has a huge actual positive coefficient in my utility function, but the marginal benefit drops steeper than my present ability to stop eating it. So, my post is an attempt to find a way to transform the addiction so it's no longer harmful, without ceasing chocolate consumption altogether.
(While working on the post on the LW Study Hall, I had some people review drafts of the blog post, and one suggested posting it to LW. Initially we thought it would make sense to actually cross-post it, but I felt that didn't make sense for this post which is more personal and contains lots of references to earlier blog posts. I'm curious to know if anyone has an opinion on whether or not that makes sense. Also, I intend to do some full cross-posts in the future!)
What happens when your beliefs fully propagate
This is a very personal account of thoughts and events that have led me to a very interesting point in my life. Please read it as such. I present a lot of points, arguments, conclusions, etc..., but that's not what this is about.
I've started reading LW around spring of 2010. I was at the rationality minicamp last summer (2011). The night of February 10, 2012 all the rationality learning and practice finally caught up with me. Like a water that has been building up behind a damn, it finally broke through and flooded my poor brain.
"What if the Bayesian Conspiracy is real?" (By Bayesian Conspiracy I just mean a secret group that operates within and around LW and SIAI.) That is the question that set it all in motion. "Perhaps they left clues for those that are smart enough to see it. And to see those clues, you would actually have to understand and apply everything that they are trying to teach." The chain of thoughts that followed (conspiracies within conspiracies, shadow governments and Illuminati) it too ridiculous to want to repeat, but it all ended up with one simple question: How do I find out for sure? And that's when I realized that almost all the information I have has been accepted without as much as an ounce of verification. So little of my knowledge has been tested in the real world. In that moment I achieved a sort of enlightenment: I realized I don't know anything. I felt a dire urge to regress to the very basic questions: "What is real? What is true?" And then I laughed, because that's exactly where The Sequences start.
Through the turmoil of jumbled and confused thoughts came a shock of my most valuable belief propagating through my mind, breaking down final barriers, reaching its logical conclusion. FAI is the most important thing we should be doing right now! I already knew that. In fact, I knew that for a long time now, but I didn't... what? Feel it? Accept it? Visualize it? Understand the consequences? I think I didn't let that belief propagate to its natural conclusion: I should be doing something to help this cause.
I can't say: "It's the most important thing, but..." Yet, I've said it so many times inside my head. It's like hearing other people say: "Yes, X is the rational thing to do, but..." What follows is a defense that allows them to keep the path to their goal that they are comfortable with, that they are already invested in.
Interestingly enough, I've already thought about this. Right after rationality minicamp, I've asked myself the question: Should I switch to working on FAI, or should I continue to make games? I've thought about it heavily for some time, but I felt like I lacked the necessary math skills to be of much use on FAI front. Making games was the convenient answer. It's something I've been doing for a long time, it's something I am good. I decided to make games that explain various ideas that LW presents in text. This way I could help raise the sanity waterline. Seemed like a very nice, neat solution that allowed me to do what I wanted and feel a bit helpful to the FAI cause.
Looking back, I was dishonest with myself. In my mind, I already wrote the answer I wanted. I convinced myself that I didn't, but part of me certainly sabotaged the whole process. But that's okay, because I was still somewhat helpful, even though may be not in the most optimal way. Right? Right?? The correct answer is "no". So, now I have to ask myself again: What is the best path for me? And to answer that, I have to understand what my goal is.
Rationality doesn't just help you to get what you want better/faster. Increased rationality starts to change what you want. May be you wanted the air to be clean, so you bought a hybrid. Sweet. But then you realized that what you actually want is for people to be healthy. So you became a nurse. That's nice. Then you realized that if you did research, you could be making an order of magnitude more people healthier. So you went into research. Cool. Then you realized that you could pay for multiple researchers if you had enough money. So you went out, become a billionaire, and created your own research institute. Great. There was always you, and there was your goal, but everything in between was (and should be) up for grabs.
And if you follow that kind of chain long enough, at some point you realize that FAI is actually the thing right before your goal. Why wouldn't it be? It solves everything in the best possible way!
People joke that LW is a cult. Everyone kind of laughs it off. It's funny because cultists are weird and crazy, but they are so sure they are right. LWers are kind of like that. Unlike other cults, though, we are really, truly right. Right? But, honestly, I like the term, and I think it has a ring of truth to it. Cultists have a goal that's beyond them. We do too. My life isn't about my preferences (I can change those), it's about my goals. I can change those too, of course, but if I'm rational (and nice) about it, I feel that it's hard not to end up wanting to help other people.
Okay, so I need a goal. Let's start from the beginning:
What is truth?
Reality is truth. It's what happens. It's the rules that dictate what happens. It's the invisible territory. It's the thing that makes you feel surprised.
(Okay, great, I won't have to go back to reading Greek philosophy.)
How do we discover truth?
So far, the best method has been the scientific principle. It's has also proved itself over and over again by providing actual tangible results.
(Fantastic, I won't have to reinvent the thousands of years of progress.)
Soon enough humans will commit a fatal mistake.
This isn't a question, it's an observation. The technology is advancing on all fronts to the point where it can be used on a planetary (and wider) scale. Humans make mistakes. Making mistake with something that affects the whole world could result in an injury or death... for the planet (and potentially beyond).
That's bad.
To be honest, I don't have a strong visceral negative feeling associated with all humans becoming extinct. It doesn't feel that bad, but then again I know better than to trust my feelings on such a scale. However, if I had to simply push a button to make one person's life significantly better, I would do it. And I would keep pushing that button for each new person. For something like 222 years, by my rough calculations. Okay, then. Humanity injuring or killing itself would be bad, and I can probably spent a century or so to try to prevent that, while also doing something that's a lot more fun that mashing a button.
We need a smart safety net.
Not only smart enough to know that triggering an atomic bomb inside a city is bad, or that you get the grandma out of a burning building by teleporting her in one piece to a safe spot, but also smart enough to know that if I keep snoozing every day for an hour or two, I'd rather someone stepped in and stopped me, no matter how much I want to sleep JUST FIVE MORE MINUTES. It's something I might actively fight, but it's something that I'll be grateful for later.
FAI
There it is: the ultimate safety net. Let's get to it?
Having FAI will be very very good, that's clear enough. Getting FAI wrong will be very very bad. But there are different levels of bad, and, frankly, a universe tiled with paper-clips is actually not that high on the list. Having an AI that treats humans as special objects is very dangerous. An AI that doesn't care about humans will not do anything to humans specifically. It might borrow a molecule, or an arm or two from our bodies, but that's okay. An AI that treats humans as special, yet is not Friendly could be very bad. Imagine 3^^^3 different people being created and forced to live really horrible lives. It's hell on a whole another level. So, if FAI goes wrong, pure destruction of all humans is a pretty good scenario.
Should we even be working on FAI? What are the chances we'll get it right? (I remember Anna Salamon's comparison: "getting FAI right" is like "trying to make the first atomic bomb explode in a shape of an elephant" would have been a century ago.) What are the chances we'll get it horribly wrong and end up in hell? By working on FAI, how are we changing the probability distribution for various outcomes? Perhaps a better alternative is to seek a decisive advantage like brain uploading, where a few key people can take a century or so to think the problem through?
I keep thinking about FAI going horribly wrong, and I want to scream at the people who are involved with it: "Do you even know what you are doing?!" Everything is at stake! And suddenly I care. Really care. There is curiosity, yes, but it's so much more than that. At LW minicamp we compared curiosity to a cat chasing a mouse. It's a kind of fun, playful feeling. I think we got it wrong. The real curiosity feels like hunger. The cat isn't chasing the mouse to play with it; it's chasing it to eat it because it needs to survive. Me? I need to know the right answer.
I finally understand why SIAI isn't focusing very hard on the actual AI part right now, but is instead pouring most of their efforts into recruiting talent. The next 50-100 years is going to be a marathon for our lives. Many participants might not make it to the finish line. It's important that we establish a community that can continue to carry the research forward until we succeed.
I finally understand why when I was talking about making games that help people be more rational with Carl Shulman, his value metric was to see how many academics it could impact/recruit. That didn't make sense to me. I just wanted to raise the sanity waterline for people in general. I think when LWers say "raise the sanity waterline," there are two ideas being presented. One is to make everyone a little bit more sane. That's nice, but overall probably not very beneficial to FAI cause. Another is to make certain key people a bit more sane, hopefully sane enough to realize that FAI is a big deal, and sane enough to do some meaningful progress on it.
I finally realized that when people were talking about donating to SIAI during the rationality minicamp, most of us (certainly myself) were thinking of may be tens of thousands of dollars a year. I now understand that's silly. If our goal is truly to make the most money for SIAI, then the goal should be measured in billions.
I've realized a lot of things lately. A lot of things have been shaken up. It has been a very stressful couple of days. I'll have to re-answer the question I asked myself not too long ago: What should I be doing? And this time, instead of hoping for an answer, I'm afraid of the answer. I'm truly and honestly afraid. Thankfully, I can fight pushing a lot better than pulling: fear is easier to fight than passion. I can plunge into the unknown, but it breaks my heart to put aside a very interesting and dear life path.
I've never felt more afraid, more ready to fall into a deep depression, more ready to scream and run away, retreat, abandon logic, go back to the safe comfortable beliefs and goals. I've spent the past 10 years making games and getting better at it. And just recently I've realized how really really good I actually am at it. Armed with my rationality toolkit, I could probably do wonders in that field.
Yet, I've also never felt more ready to make a step of this magnitude. Maximizing utility, all the fallacies, biases, defense mechanisms, etc, etc, etc. One by one they come to mind and help me move forward. Patterns of thoughts and reasoning that I can't even remember the name of. All these tools and skills are right here with me, and using them I feel like I can do anything. I feel that I can dodge bullets. But I also know full well that I am at the starting line of a long and difficult marathon. A marathon that has no path and no guides, but that has to be run nonetheless.
May the human race win.
[Help]: Social cost of cryonics?
Over the past few months I've been doing a lot of reading about cryonics, and though I agree with the arguments of Eliezer Yudkowsky and Robin Hanson on the issue, I still feel uncomfortable about actually signing up. Upon reflection, my true rejection is my fear of the social cost of cryonics, i.e. being perceived as weird and completely incomprehensible by everyone around me. I've read the "Hostile Wife Phenomenon" article on Depressed Metabolism, the New York Times Magazine article on Robin Hanson's personal situation (as well as Robin's reply), and scores of comments on LessWrong, and it looks a lot of cryonicists do indeed experience the feeling that Eliezer describes in Lonely Dissent.
My concerns about the social cost of cryonics can be broken down into two categories:
- Loss of existing relationships with family, friends, etc. I value the relationships I currently have with my family and friends, and signing up for cryonics would jeopardize many of these relationships. Most of my friends and family members are not interested in rationality and would be completely baffled if I decided to sign up. Nonetheless, I do not want to lose these relationships, as they are currently an important part of my life; I would consider my life to be significantly worse than it is now if I had to sever a lot of these emotional ties.
- Increased difficulty of forming relationships in the future. I'm not particularly good at forming new relationships, and I'm very worried that signing up for cryonics will create an insurmountable social stigma that will make it nearly impossible for me to do so.
Overall, though, I have very little information about what the social cost of cryonics really is beyond a few scattered anecdotes and secondhand descriptions of cryonicists' lives. Ultimately, I don't really know how many of my fears would actually be realized if I signed up. This makes it difficult to for me to make a decision, as I am very risk-averse and I feel reluctant to choose something that could potentially make the next six or seven decades of my life miserable. As a result, I have decided to engage in some data collection.
To do so, I would like to hear about your experiences. If you are currently signed up for cryonics, I would very much appreciate it if you took a minute or two to describe the effects that signing up has had on your relationships and your social life in general. If you are not signed up, your feedback on this topic is still welcome. Links to articles would be good, but discussion of personal experiences would be better.
HELP! I want to do good
There are people out there who want to do good in the world, but don't know how.
Maybe you are one of them.
Maybe you kind of feel that you should be into the "saving the world" stuff but aren't quite sure if it's for you. You'd have to be some kind of saint, right? That doesn't sound like you.
Maybe you really do feel it's you, but don't know where to start. You've read the "How to Save the World" guide and your reaction is, ok, I get it, now where do I start? A plan that starts "first, change your entire life" somehow doesn't sound like a very good plan.
All the guides on how to save the world, all the advice, all the essays on why cooperation is so hard, everything I've read so far, has missed one fundamental point.
If I could put it into words, it would be this:
AAAAAAAAAAAGGGHH WTF CRAP WHERE DO I START EEK BLURFBL
If that's your reaction then you're half way there. That's what you get when you finally grasp how much pointless pain, misery, risk, death there is in the world; just how much good could be done if everyone would get their act together; just how little anyone seems to care.
If you're still reading, then maybe this is you. A little bit.
And I want to help you.
How will I help you? That's the easy part. I'll start a community of aspiring rationalist do-gooders. If I can, I'll start it right here in the comments section of this post. If anything about this post speaks to you, let me know. At this point I just want to know whether there's anybody out there.
And what then? I'll listen to people's opinions, feelings and concerns. I'll post about my worldview and invite people to criticize, attack, tear it apart. Because it's not my worldview I care about. I care about making the world better. I have something to protect.
The posts will mainly be about what I don't see enough of on Less Wrong. About reconciling being rational with being human. Posts that encourage doing rather than thinking. I've had enough ideas that I can commit to writing 20 discussion posts over a reasonable timescale, although some might be quite short - just single ideas.
Someone mentioned there should be a "saving the world wiki". That sounds like a great idea and I'm sure that setting one up would be well within my power if someone else doesn't get around to it first.
But how I intend to help you is not the important part. The important part is why.
To answer that I'll need to take a couple of steps back.
Since basically forever, I've had vague, guilt-motivated feelings that I ought to be good. I ought to work towards making the world the place I wished it would be. I knew that others appeared to do good for greedy or selfish reasons; I wasn't like that. I wasn't going to do it for personal gain.
If everyone did their bit, then things would be great. So I wanted to do my bit.
I wanted to privately, secretively, give a hell of a lot of money to a good charity. So that I would be doing good and that I would know I wasn't doing it for status or glory.
I started small. I gave small amounts to some big-name charities, charities I could be fairly sure would be doing something right. That went on for about a year, with not much given in total - I was still building up confidence.
And then I heard about GiveWell. And I stopped giving. Entirely.
WHY??? I can't really give a reason. But something just didn't seem right to me. People who talked about GiveWell also tended to mention that the best policy was to give only to the charity listed at the top. And that didn't seem right either. I couldn't argue with the maths, but it went against what I'd been doing up until that point and something about that didn't seem right.
Also, I hadn't heard of GiveWell or any of the charities they listed. How could I trust any of them? And yet how could I give to anyone else if these charities were so much more effective? Big akrasia time.
It took a while to sink in. But when it did, I realised that my life so far had mostly been a waste of time. I'd earned some money, but I had no real goals or ambitions. And yet, why should I care if my life so far had been wasted? What I had done in the past was irrelevant to what I intended to do in the future. I knew what my goal was now and from that a whole lot became clear.
One thing mattered most of all. If I was to be truly virtuous, altruistic, world-changing then I shouldn't deny myself status or make financial sacrifices. I should be completely indifferent to those things. And from that the plan became clear: the best way to save the world would be to persuade other people to do it for me. I'm still not entirely sure why they're not already doing it, but I will use the typical mind prior and assume that for some at least, it's for the same reasons as me. They're confused. And that to carry out my plan I won't need to manipulate anyone into carrying out my wishes, but simply help them carry out their own.
I could say a lot more and I will, but for now I just want to know. Who will be my ally?
How I applied useful concepts from the personal growth seminar "est" and MBTI
I have encountered personally in conversations, and also observed in the media over the past couple of decades, a great deal of skepticism, scorn, and ridicule, if not merely indifference or dismissal, from many people in reaction to the est training, which I completed in 1983, and the Myers-Briggs Type Indicator tool, which I first took in 1993 or 1994. I would like to share some concrete examples from my own life where information and perspective that I gained from these two sources have improved my life, both in my own way of conceptualizing and approaching things, and also in my relationships with others. I do this with the hope and intention of showing that est and MBTI have positive value, and encouraging people to explore these and other tools for personal growth.
One important insight that I gained from the est training is an understanding and the experience that I am not my opinions, and my opinions are not me. Opinions are neutral things, and they may be something I hold, or agree with, but I can separate my self from them, and I can discuss them, and I can change or discard them, but I am still the same "me". I am not more or less "myself" in relation to what I think or believe. Before I did the est training, whenever someone would question an opinion I held, I felt personally attacked. I identified my self with my opinion or belief. My emotional response to attack, like for many other people, is to defend and/or to retreat, so when I perceived of my "self" being "attacked", I gave in to the standard fight or flight response, and therefore I did not get the opportunity to explore the opinion in question to see if the person who questioned me had some important new information or a perspective that I had not previously considered. It is not that I always remember this or that it is my first response, but once I notice myself responding in the old way, I can then take that step back and remember the separation between self and opinion. That choice is now available to me, where it wasn't before. When I find myself in conversations with another person or people who disagree with me, my response now is to draw them out, to ask them about what they believe and why they believe it. I regard myself as if I were a reporter on a fact-finding mission. I step back and I do not feel attacked. I learn sometimes from this, and other times I do not, but I no longer feel attacked, and I find that I can more easily become friends with people even if we have disagreements. That was not the case for me prior to doing est.
Another valuable tool that I got from est and still use in my life is the ability to accept responsibility without attaching blame to it, even if someone is trying to heap blame upon me. This is similar to what I said above about basically not identifying my self with what I think. I do not have to feel or think of myself as a "bad person" because I made a mistake. I have come to the belief that guilt is an emotion that I need not wallow in. If I feel guilt about doing or not doing something, saying or not saying something, I take that feeling of guilt as a sign that I either need to take some action to rectify the situation, and/or I need to apologize to someone about it, and/or I need to learn from the situation so that hopefully I will not repeat it, and then forgive myself, and move on. Hanging on to guilt is something I see many people doing, and it not only holds them up and blocks them off from taking action, they often pull that feeling in and create a scenario or self-definition that involves beating themselves up about it, or they wallow around in feeling guilty in a way that serves as a self-indulgent excuse for not improving things. "I'm so awful, I'm such a screw-up, I can't do anything right." That kind of negative self-esteem can affect a person for their entire life if they allow it to. There are many ways to come to these realizations, and I make no claim that est is some kind of "cure-all". One of the characters on the tv show "SOAP" called est "The McDonald's of Psychiatry". That's amusing, but it denigrates a very useful and powerful experience. I believe in an eclectic approach to life. I look at many things, explore many ideas and experiences, and I take what works and leave the rest. est is only one of many helpful experiences I have had in my 49 years.
I took the Myers-Briggs Personality Index at a science fiction convention in the early years of my marriage, when I was living in Alexandria, VA, in 1993 and 1994. It was given as part of a panel, and I also took it again when I read "Do What You Are", which is a book about finding employment/a profession based on your MBTI personality type. The basics, if you have not encountered MBTI before are: There are 4 "continuums" in how people tend to interact with the world. Most people use both sides of each continuum, but are most comfortable on one side. The traits are Extrovert/Introvert, Sensing/Intuiting, Thinking/Feeling, and Judging/Perceiving. (The use of these words in the MBTI context is not exactly the same as their dictionary definitions). I am a strong ENFP. My husband was an ISTP. Understanding the differences between how we approached the world was very helpful to me in learning why we were so different about socializing with other people, and about our communication style with each other. As an "I", John (as they put it in the book), "got his batteries charged" by mostly being alone. I, as an "E", got mine charged by being with other people. We went to conventions and parties, but he often wanted to leave well before I felt ready to go. Once we had two cars, we would each take our own to events. Even though I felt it wasted gas, it gave him the opportunity to "flee" once he had had enough of being with others, while I could then come home at my leisure, and neither of us had to give up on what made us happier and more comfortable. It also explained why he would not always respond immediately to a question. "I "people tend to figure out in their own mind first what they want to say before they say anything aloud. "E" people often start talking right away, and as they speak, what they think becomes clearer to them. This is also a very useful data point for teachers. If they know about it, they can realize that the "I" kids need more time to come up with their answers, while the "E" kids put their hands in the air more immediately. They can then allow the "I" kids the time they need to respond to questions without thinking they are not good students, or are not as intelligent or knowledgeable as they "E" kids are.
My boyfriend is an ENTJ. The source of some of the friction in our relationship became clear to me after I asked him to find out his Myers-Briggs type, which he had never done before. Gerry often asks me to give him a list of what I want to do in the course of my day, and how much time things will take. These are reasonable requests. However, the rub comes from the fact that as a "J", he is uncomfortable not knowing the answer to these things. I, as a "P", am uncomfortable stating these things in advance, in nailing things down. I prefer to leave things open-ended. He regarded what I said as more concrete, whereas I regarded it more as a guideline, but not a definite plan or promise. In addition, I have always had a hard time judging how long things will take, and as a person with ADD, I also get distracted easily, so it was making me upset when he would come home and ask me what I'd gotten done, and then he would get upset when I hadn't done what I had said I wanted to, or if things took longer than I said they would. Understanding the differences in our types has helped me to understand more about why this has been an area of friction. That leaves room for us to discuss it without feeling the need to blame each other for our preferred method of dealing with things. I feel clearer about stating goals for the day, but not necessarily promising to do specific things, and working on figuring out how to allocate enough time for things. He understands that just because I tell him what I would like to do, it is not necessarily what I will end up doing. It's still a work in progress.
I want to be clear that I am not talking about using the types as excuses to get out of doing things, or for taking what other people feel is "too long" to get things done. It's merely another "tool in my tool box" that helps me to process how I and my loved ones function, and to figure out how to improve.
I am curious to know how other people feel about their experiences, if they have done a personal growth seminar such as est and/or taken the MBTI, if they feel that they have also taken tools from those experiences that have had an ongoing positive impact on their lives and relationships. I look forward to hearing what people have to say in response to this article.
Q: What has Rationality Done for You?
So after reading SarahC's latest post I noticed that she's gotten a lot out of rationality.
More importantly, she got different things out of it than I have.
Off the top of my head, I've learned...
- that other people see themselves differently, and should be understood on their terms (mostly from here)
- that I can pay attention to what I'm doing, and try to notice patterns to make intervention more effective.
- the whole utilitarian structure of having a goal that you take actions to achieve, coupled with the idea of an optimization process. It was really helpful to me to realize that you can do whatever it takes to achieve something, not just what has been suggested.
- the importance/usefulness of dissolving the question/how words work (especially great when combined with previous part)
- that an event is evidence for something, not just what I think it can support
- to pull people in, don't force them. Seriously that one is ridiculously useful. Thanks David Gerard.
- that things don't happen unless something makes them happen.
- that other people are smart and cool, and often have good advice
Where she got...
- a habit of learning new skills
- better time-management habits
- an awesome community
- more initiative
- the idea that she can change the world
I've only recently making a habit out of trying new things, and that's been going really well for me. Is there other low hanging fruit that I'm missing?
What cool/important/useful things has rationality gotten you?
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