(I think someone, maybe Eliezer? offered something on the order of $200 to build it, which was enough get the basic thing built but not fully invest in it. It does seem like something someone should offer more money and/or time to build. I think it requires an actual well-specified “inadequate equilibrium to escape” (“leave Facebook” doesn’t solve anything you haven’t coordinated on where you’re all going next)
Looks like something of this sort could be easily implemented in an already existing platform like Augur, I actually wouldn’t mind putting some effort in it if someone is interested
Interesting, what’s the connection here? Are you saying that assurance contracts could be implemented using a prediction market? Or were you thinking of something more along the lines of Augur’s distributed voting system for decision outcomes? Anyway I’d be interested to hear what you’re thinking here.
I guess you could do that in a variety of ways. PM in general can be used to create rewards for events to happen. Take the following: “I agree to leave facebook if ten million other people agree to leave with me.” could be implemented as “I bet $$ that 10M people will not leave FB within a month”, people can then stake against it and leave FB to promote the event (and share the contract). PM are very flexible, the real limitation IMO is to create a community to bring liquidity to the market and then create a standard contract for people to follow for a specific type of market
I think I’m most excited to put energy (technical and social) into such a platform if there’s a clear use for it, and I think that might be the limiting factor. I created two more specific questions:
i easily thought of more than a dozen possible coordinated actions that can be initiated. so at least in the platform i envision, i don’t see it as THE limiting factor :)
Someone built the minimum-viable tool, but it was very bare bones and not well publicized.
http://actuator.herokuapp.com
(I think someone, maybe Eliezer? offered something on the order of $200 to build it, which was enough get the basic thing built but not fully invest in it. It does seem like something someone should offer more money and/or time to build. I think it requires an actual well-specified “inadequate equilibrium to escape” (“leave Facebook” doesn’t solve anything you haven’t coordinated on where you’re all going next)
Quite bare-bone indeed.
Maybe we should do a KickStarter to roll it off :P
I’ve had many ideas myself for how to do it, but except a lot of time, i don’t have much of the resources or skills needed to create such a thing.
Looks like something of this sort could be easily implemented in an already existing platform like Augur, I actually wouldn’t mind putting some effort in it if someone is interested
Interesting, what’s the connection here? Are you saying that assurance contracts could be implemented using a prediction market? Or were you thinking of something more along the lines of Augur’s distributed voting system for decision outcomes? Anyway I’d be interested to hear what you’re thinking here.
I guess you could do that in a variety of ways. PM in general can be used to create rewards for events to happen. Take the following: “I agree to leave facebook if ten million other people agree to leave with me.” could be implemented as “I bet $$ that 10M people will not leave FB within a month”, people can then stake against it and leave FB to promote the event (and share the contract). PM are very flexible, the real limitation IMO is to create a community to bring liquidity to the market and then create a standard contract for people to follow for a specific type of market
could it be useful to someone if i make an idea-dump post?
I think I’m most excited to put energy (technical and social) into such a platform if there’s a clear use for it, and I think that might be the limiting factor. I created two more specific questions:
If a “Kickstarter for Inadequate Equlibria” was built, do you have a concrete inadequate equilibrium to fix?
How could “Kickstarter for Inadequate Equilibria” be used for evil or turn out to be net-negative?
i easily thought of more than a dozen possible coordinated actions that can be initiated. so at least in the platform i envision, i don’t see it as THE limiting factor :)
If so, can you post them as answers on the “what concrete inadequate equilibrium do you want to fix?”
Please do!
Done :)