When such a situation arises again, that there’s an investment opportunity which is generally thought to be worth while, but which has a lower than expected uptake due to ‘trivial inconveniences’, I wonder whether that is in itself an opportunity for a group of rationalists to cooperate by outsourcing as much as possible of the inconvenience to just a few members of the group? Sort of:
“Hey, Lesswrong. I want to invest $100 in new technology foo, but I’m being put off by the upfront time investment of 5-20 hours. If anyone wants to make the offer of {I’ve investigated foo, I know the technological process needed to turn dollars into foo investments, here’s a step by step guide that I’ve tested and which works, or post me a cheque and an email address, and I’ll set it up for you and send you back the access details} I’d be interested in being one of those who pays you compensation for providing that service. ”
There’s a lot lesswrong (or a similar group) could set up to facilitate such outsourcing, such as letting multiple people register interest in the same potential offer, and providing some filtering or guarantee against someone claiming the offer and then ripping people off.
There’s a project Scott proposed something like eight years ago that got started last weekend because someone posted a bounty on it.
Even if the bounty is just beer money, being able to profit financially by doing something feels qualitatively different from doing it for free.
A centralized registry of bounties would be useful. And there might even be a startup idea in there—it’s essentially Wesearchr for outsourcing instead of far-right gossip journalism.
When such a situation arises again, that there’s an investment opportunity which is generally thought to be worth while, but which has a lower than expected uptake due to ‘trivial inconveniences’, I wonder whether that is in itself an opportunity for a group of rationalists to cooperate by outsourcing as much as possible of the inconvenience to just a few members of the group? Sort of:
“Hey, Lesswrong. I want to invest $100 in new technology foo, but I’m being put off by the upfront time investment of 5-20 hours. If anyone wants to make the offer of {I’ve investigated foo, I know the technological process needed to turn dollars into foo investments, here’s a step by step guide that I’ve tested and which works, or post me a cheque and an email address, and I’ll set it up for you and send you back the access details} I’d be interested in being one of those who pays you compensation for providing that service. ”
There’s a lot lesswrong (or a similar group) could set up to facilitate such outsourcing, such as letting multiple people register interest in the same potential offer, and providing some filtering or guarantee against someone claiming the offer and then ripping people off.
There’s a project Scott proposed something like eight years ago that got started last weekend because someone posted a bounty on it.
Even if the bounty is just beer money, being able to profit financially by doing something feels qualitatively different from doing it for free.
A centralized registry of bounties would be useful. And there might even be a startup idea in there—it’s essentially Wesearchr for outsourcing instead of far-right gossip journalism.
For example, if anyone is planning on setting up an investment vehicle along the lines described in the article:
Investing in Cryptocurrency with Index Tracking
with periodic rebalancing between the currencies.
I’d be interested (with adequate safeguards).