All of Scrooge Mcduck's Comments + Replies

Wanted: has anyone on LessWrong said they moved money off an exchange, after seeing my markets? I made a meta-market asking if literally anyone would be influenced to move money off any exchange mentioned in any of my crypto-related markets.

If you've been influenced by any of my markets on the relative exchange risks, please let me know so I can reward predictors.

The curve of AI death


Motivation

On Manifold, you'll see lots of markets like "Will AI wipe out humanity by 2040?".  These prices aren't very informative, and they trade more like opinion polls.  The anthropic bias ruins it, because YES holders can't win mana without being dead.  Though even for NO holders, the timeframe and opportunity cost make it unappealing (we can get higher annualized returns elsewhere).  I can't do much about that obstacle yet.

But I wanted to try capturing AI risk from a more falsifiable angle.

 

A strong prior:

... (read more)

not that realistically we had any control over SBF's actions or identity as an EA

Agree little could be done then.  But since then, I've noticed the community has an attitude of "Well I'll just keep an eye out next time" or "I'll be less trusting next time" or something.  This is inadequate, we can do better.

I'm offering decision markets that will make it harder for frauds to go unnoticed, prioritizing crypto (still experimenting with criteria).  But when I show EAs these, I'm kind of stunned by the lack of interest.  As if their persona... (read more)

Part of your decision of "should I go on semaglutide/Wegovy/Ozempic?" would be influenced by whether it improves lifespan.  Weight loss is generally good for that, but here's a decision market specifically about lifespan.

Since I've been getting downvoted for what have felt like genuine attempts to create less-corruptible information, please try to keep an open mind or explain why you downvote.

In 2022, Peter Zeihan predicted that over the next decade, 1 billion people would probably die from famine.

No, probably not.

EDIT: I see that my approach won't avoid downvotes even as a shortform.  I think that's very unfortunate.  Consider the message received.

Short forms it is! Thank you.

Also, I probably assume more readers accept the framework than they do.  That prediction markets are worth using, that a market's accuracy rises in a vaguely lognormal way with trading activity, and a random reader usually can't beat it unless the market has few traders.  I could try including a link to Scott Alexander making similar points for me.

You're probably right that a more directly relevant criterion could be tried.  So here is a prototype series, starting with the 3 biggest exchanges.

Ah, I didn't even notice that clickbait aspect of the title, I'm so used to thinking of "whistleblower markets" as a thing.  I've edited the title to just say Manifold market.

Thank you for the response.  I actually do have a whole series where some comparisons could be made between crypto enterprises.  You're right that a single is less informative.  In the future, I'll assume I probably won't have the energy to write up a detailed comparison, and just won't bother trying to communicate my markets on LessWrong.  Not meant to sound ... (read more)

3Dagon
Agreed that the tradeoff of early feedback on partial ideas vs spending a LOT of time on a series only to find it's not received well is difficult.  Labeling something as tentative and partial helps a lot.  Giving some outline of how it fits into an overall framework may or may not help. Probably the biggest tactic I recommend is to use shortform for simple or untested ideas, then expand to a post if it gets good traction.

Thank you for describing this.  My reaction in point form:

-I can understand that general prior against financial advice.  After FTX, I had assumed many people here would want to know about such a high risk with the largest crypto exchange.  I can certainly skip posting about such risk outliers here in the future.

-I'm not sure "not scholarly enough" is generally that predictive.  I've seen many posts with many upvotes that didn't seem very scholarly.  I understand the site is trying to maintain more scholarly habits though.  If... (read more)

3Dagon
To clarify - the scholarly requirement isn't an actual requirement, but part of a cluster of values that a post should provide, aiming to make better models of the world.  Sometimes that's scholarly references to relevant papers (and prediction markets, preferably multiple or fairly heavily-traded).  Sometimes that's multiple examples and a framework for thinking about them.  Sometimes it's just a counterintuitive idea or recommendation, with a reasoning for why it's part of https://www.lesswrong.com/posts/9KvefburLia7ptEE3/the-correct-contrarian-cluster.  Even the advice prohibition is more of a nuanced recommendation than a firm rule.  But the exceptions are in the form of above - where there's non-obvious evidence and interesting/novel approaches to the decision that lead to a contrarian take.  This was neither.  Anyone paying attention (and anyone reading this) already knows that Binance is owned by a nutjob and there is significant risk of fraud or future shenanigans.   And finally, this points out a risk, without considering alternatives or actions.  Are ANY exchanges much better than Binance (my current belief: no)?  Is this a recommendation to get out of crypto, or to stick with directly held Ethereum and Bitcoin, or something else? I fully agree with the risks of using a thinly-traded, long-dated prediction market - that's going to mostly be people emotionally invested in the topic (especially because it's about charges, not conviction, and it's about a celebrity founder, not the business itself).  Manipulation is possible, but it's not the only reason to downweight that evidence. Oh, and the title was clickbait - there is no whistleblower information (insider reporting of crime or suspicious practices).  
2Gunnar_Zarncke
All understandable points. The "scholarly" requirement is relaxed for more experienced posters. Maybe you can find some more guidance in the recent moderation posts:  * LW Team is adjusting moderation policy * LW moderation: my current thoughts and questions, 2023-04-12 * [New] Rejected Content Section

I see the first 2 votes were downvotes.  Consider me interested in understanding.

3Gunnar_Zarncke
I haven't downvoted (yet) but would have downvoted if it were higher voted. Why? Specific financial advice is not content suitable for LW (though I didn't consult the guidelines to check). Just adding a Manifold market is not scholarly enough to make it suitable. There is also a risk that this is market manipulation (still only 42 traders and Binance is big; those could easily be paid traders).  I'm not saying it is necessarily bad advice - I'm not a trader - but that this would better go to some Crypto news site. Or change it to be much more scholarly.