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by motoxpro
1666 days ago
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Markets dont work when everyone knows what I am THINKING. i.e. If I know with 100% certainty you are going to buy something for 1$ I just bid 1.0001. Same with Google search. If I know with 100% certainty that you rank pages in a certain way, I can game them. Markets only work when all data is available but no all opinions. Introducing random elements just makes it worse for everyone. |
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