“In some domains, where the incentive structure aligns with human values, the market works well. In our current framework, the market works best for producing gadgets. It does not work so well for pricing intangible information, and most specifically it is broken when it comes to health.”
Health care, as an example of a problem “market”?
In the US, health care is largely just a shake down by various licensed monopolies engaged in government enabled and enforced rent seeking.
What would healthcare look like in a world where we solved the alignment problem?
We’d be free.
In a US that had been free for the last 20 years, google would be analyzing the data from my weekly, if not daily microfluidic samples, from real time continuous information provided by sensors throughout the day, from my dna, and doing the same for millions of other people. We’d share our data so that google could make better recommendations for achieving our health goals, and with the mass of data everyone shares, google would be able to make those predictions.
The only market “alignment” required is allowing a market in health care to actually exist.
In the US, health care is largely just a shake down by various licensed monopolies engaged in government enabled and enforced rent seeking.
Yes, and? A market exists where a market exists. Any moral or ideological properties that might make a market “pure” or “impure” are just attributed to it by ideologues.
In a US that had been free for the last 20 years, google would be analyzing the data from my weekly, if not daily microfluidic samples, from real time continuous information provided by sensors throughout the day, from my dna, and doing the same for millions of other people. We’d share our data so that google could make better recommendations for achieving our health goals, and with the mass of data everyone shares, google would be able to make those predictions.
You seem to be confusing Google with a Friendly singleton. Of course, once you get into Singletons, it’s easier to have a democratic government function as one, anyway.
A market exists where a market exists. Any moral or ideological properties that might make a market “pure” or “impure” are just attributed to it by ideologues.
The properties are what make it a market, a chimpanzee, or a turnip.
“The beginning of wisdom is to call things by their proper name.”
― Confucius
You seem to be confusing Google with a Friendly singleton. Of course, once you get into Singletons, it’s easier to have a democratic government function as one, anyway.
Google and government have different powers and incentives.
Historically, this didn’t work out well. You know, back when the snake oil salesmen were literal and selling real snake oil, cocaine, and various low-dose toxic extracts. (I believe similar things happen in China today, but it’s more slanted toward traditional medicine and thus less likely to be toxic.)
“In some domains, where the incentive structure aligns with human values, the market works well. In our current framework, the market works best for producing gadgets. It does not work so well for pricing intangible information, and most specifically it is broken when it comes to health.”
Health care, as an example of a problem “market”?
In the US, health care is largely just a shake down by various licensed monopolies engaged in government enabled and enforced rent seeking.
We’d be free.
In a US that had been free for the last 20 years, google would be analyzing the data from my weekly, if not daily microfluidic samples, from real time continuous information provided by sensors throughout the day, from my dna, and doing the same for millions of other people. We’d share our data so that google could make better recommendations for achieving our health goals, and with the mass of data everyone shares, google would be able to make those predictions.
The only market “alignment” required is allowing a market in health care to actually exist.
Yes, and? A market exists where a market exists. Any moral or ideological properties that might make a market “pure” or “impure” are just attributed to it by ideologues.
You seem to be confusing Google with a Friendly singleton. Of course, once you get into Singletons, it’s easier to have a democratic government function as one, anyway.
The properties are what make it a market, a chimpanzee, or a turnip.
“The beginning of wisdom is to call things by their proper name.” ― Confucius
Google and government have different powers and incentives.
If the US were “free” you’d have a gazillion snake oil salesmen,
We do anyways.
And I’d be free to buy from them, or not.
And if they committed fraud in the sale, I would have legal recourse.
If you were still alive.
Historically, this didn’t work out well. You know, back when the snake oil salesmen were literal and selling real snake oil, cocaine, and various low-dose toxic extracts. (I believe similar things happen in China today, but it’s more slanted toward traditional medicine and thus less likely to be toxic.)