Shouldn’t it be: ‘They pay you $1,000 now, and in 3 years, you pay them back plus $3,000’ (as per Bryan Caplan’s discussion in the latest 80k podcast episode)? The money won’t do anyone much good if they receive in it a FOOM scenario.
Since my goal is to convince people that I take my beliefs seriously, and this amount of money is not actually going to change much about how I conduct the next three years of my life, I’m not worried about the details. Also, I’m not betting that there will be a FOOM scenario by the conclusion of the bet, just that we’ll have made frightening progress towards one.
Shouldn’t it be: ‘They pay you $1,000 now, and in 3 years, you pay them back plus $3,000’ (as per Bryan Caplan’s discussion in the latest 80k podcast episode)? The money won’t do anyone much good if they receive in it a FOOM scenario.
Since my goal is to convince people that I take my beliefs seriously, and this amount of money is not actually going to change much about how I conduct the next three years of my life, I’m not worried about the details. Also, I’m not betting that there will be a FOOM scenario by the conclusion of the bet, just that we’ll have made frightening progress towards one.