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by sometimelurker
30 days ago
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abstract thoughtslop I've been thinking about about this: Because most people predicting the future don't like whats coming, and there's not many people interesting in actual predicting, I think the act of having a good idea of what's next makes the future less known. (As I understand it), on the stock market, making a better day-trader bot makes the short-term squiggles of the price more random. Generalizing, if you know with really good odds what's going to happen a few months from now, and want to profit from it, I think there might be a similar effect. I'm not talking about insider trading or knowing which policies are going to be enacted, I mean just people who just forecast better with public info, that the act of better knowing what's going to happen makes the world more complex. (coordination issue?) I also think if like 70+% of the population was better/motivated at/to forecast stuff we would be better off. |
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