A batch of the best highlights from what Quinn's read, .
Prediction Markets Are Built on the Principle of Adverserial Engagement
Transcript:
Speaker 2
There the first is what you're describing is precisely the reason why i am a bit of a skeptic of prediction markets not to say that they don't have a role but i don't think that they are nearly The solution that many believe they are and it's because they set us up in an adversarial relationship with regards to determining the truth it's not at all the say i don't think incentives Have a role or that it isn't worth a listening information for me i believe in all those things but the notion that the way that we should do it is betting against each other so that we want Everyone else to be as wrong as possible so we can be right and we want to get like one big payoff for like the person who's most right and anything that can be like too easily analogized To some sort of like dick measuring contest is not something that like excites me as a mechanism for like coming to good social outcomes and i think that prediction markets have an important Element of that
Glen Weyl & Cris Moore on Plurality, Governance, and Decentralized Society
COMPLEXITY: Physics of Life
Most people love the idea of collaboration . . . as long as it promises to do exactly what they want it to do. But that is not how collaboration works. Collaboration (as we talk about it) is not forced or coerced. It requires you to give up control. And because it’s not predetermined, it requires you to give up certainty.
Impact Networks
David Ehrlichman
The danger, and you see it often in investing, is when people become too McNamara-like – so obsessed with data and so confident in their models that they leave no room for error or surprise. No room for things to be crazy, dumb, unexplainable, and to remain that way for a long time. Always asking, “Why is this happening?” and expecting there to be a rational answer. Or worse, always mistaking what happened for what you think should have happened.
The ones who thrive long term are those who understand the real world is a neverending chain of absurdity, confusions, messy relationships, and imperfect people.