))
“How I Learned To Stop Trusting Prediction Markets and Love the Arbitrage” by orthonormal
Manage episode 433168839 series 3364758
Contenuto fornito da LessWrong. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da LessWrong o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
This is a story about a flawed Manifold market, about how easy it is to buy significant objective-sounding publicity for your preferred politics, and about why I've downgraded my respect for all but the largest prediction markets.
I've had a Manifold account for a while, but I didn't use it much until I saw and became irked by this market on the conditional probabilities of a Harris victory, split by VP pick.
Jeb Bush? Really? That's not even a fun kind of wishful thinking for anyone. Please clap.The market quickly got cited by rat-adjacent folks on Twitter like Matt Yglesias, because the question it purports to answer is enormously important. But as you can infer from the above, it has a major issue that makes it nigh-useless: for a candidate whom you know won't be chosen, there is literally no way to come out ahead on mana (Manifold keeps [...]
The original text contained 1 image which was described by AI.
---
First published:
August 6th, 2024
Source:
https://www.lesswrong.com/posts/awKbxtfFAfu7xDXdQ/how-i-learned-to-stop-trusting-prediction-markets-and-love
---
Narrated by TYPE III AUDIO.
---
…
continue reading
I've had a Manifold account for a while, but I didn't use it much until I saw and became irked by this market on the conditional probabilities of a Harris victory, split by VP pick.
Jeb Bush? Really? That's not even a fun kind of wishful thinking for anyone. Please clap.The market quickly got cited by rat-adjacent folks on Twitter like Matt Yglesias, because the question it purports to answer is enormously important. But as you can infer from the above, it has a major issue that makes it nigh-useless: for a candidate whom you know won't be chosen, there is literally no way to come out ahead on mana (Manifold keeps [...]
The original text contained 1 image which was described by AI.
---
First published:
August 6th, 2024
Source:
https://www.lesswrong.com/posts/awKbxtfFAfu7xDXdQ/how-i-learned-to-stop-trusting-prediction-markets-and-love
---
Narrated by TYPE III AUDIO.
---
Images from the article:
Apple Podcasts and Spotify do not show images in the episode description. Try Pocket Casts, or another podcast app.
Apple Podcasts and Spotify do not show images in the episode description. Try Pocket Casts, or another podcast app.340 episodi
Condividi
