After living nomadically for many years, I recently moved back to my native Buenos Aires. Feel free to get in touch if you are visiting BA and would like to grab a coffee or need a place to stay.
Pablo
Karma: 3,454
Why do you focus on this particular guy? Tens of thousands of traders were cumulatively betting billions of dollars in this market. All of these traders faced the same incentives.
Note that it is not enough to assume that willingness to bet more money makes a trader worth paying more attention to. You need the stronger assumption that willingness to bet n times more than each of n traders makes the single trader worth paying more attention to than all the other traders combined. I haven’t thought much about this, but the assumption seems false to me.
Audible has just released an audio version of Nick Bostrom’s Deep Utopia.
I was delighted to learn that the audiobook is narrated by David Timson, the English actor whose narrations of The Life of Samuel Johnson and The Decline and Fall of the Roman Empire I had enjoyed so much. I wonder if this was pure chance or a deliberate decision by Bostrom (or his team).
pollsters will have attempted to correct mistakes, and if they knew that there would be an R/D bias this time, they’d adjust in the opposite way, hence the error must be unpredictable.
Exactly. Silver has discussed this dynamic in some of his old FiveThirtyEight articles. The key is to appreciate that polling error is not an effect one can naively predict by looking at past data, because it is mediated by polling agencies’ attempts to correct it.
Silver’s model and most other lines of evidence indicate that the US presidential race is as close to a tossup as it gets. But, as of this writing, you can buy Harris contracts on Polymarket for 38 cents. The explanation for this apparent mispricing seems to be that, over the past few days, a single pro-Trump trader has poured tens of millions of dollars into the platform. “Domer”, the author of the linked tweet and Polymarket’s most successful trader to date, claims that this effect has depressed Harris’s contract price by around five cents, though I am unable to independently confirm this claim.
Pablo’s Shortform
There is an archived version here.
See also this comment by Gwern.
What are, in you assessment, some of the most cost-effective ways of throwing money at the problem of reducing existential risk?
This was an interesting read, which I only discovered because the post was highlighted on the front page. I took some quick notes, which I share below in case they are useful to anyone.
Rescuing Jews during the Holocaust wasn’t an especially effective “intervention”, compared to the internal politics of each Nazi-controlled country where Jews lived.
Moreover, rescuers didn’t appear to have many common traits, so creating would-be rescuers to prevent future genocides is not very tractable.
One trait that appears to have been shared by rescuers is that they “were taught to appreciate a tolerance for people who were different from themselves”. But the author objects that this may just be a fake post hoc “explanation”.
Most rescuers appear to have been, in Eva Fogelman’s typology (see below), “moral rescuers”. They also appear to have been reactive rather than proactive: they helped only after being asked to help, though sometimes this caused them to eventually become proactive helpers.
“People were generally willing to let the Holocaust proceed without intervening. It almost always took a personal plea from a persecuted person for altruism to kick in. Once they weren’t just an anonymous member of indifferent crowd, once they were left with no escape but to do a personal moral choice, they often found out that they are not able to refuse help.”
Fogelman’s typology of rescuers
Moral rescuers: The people whose main motivation was: “How could I have acted differently?” or “How would I be able to live with myself if I haven’t helped?” Interesting tidbit: It seems that they rarely express those feelings in religious terms.
Judeophiles: As far as I understand, these were mostly people who had loved someone Jewish, suspected that they may be of Jewish descent themselves (e.g. born out of wedlock) or who were admirers of Jewish culture, the latter mostly on religious grounds.
Concerned professionals: This is an interesting group. Professionals, such as doctors or diplomats whose job is to help people in need. They just went on and continued what they perceived as their work. It must have required particular understanding of what “work” means though. For example, diplomats often defied orders of their governments to help the Jews.
Network rescuers: Rescue organizations. Or, often, just anti-Nazi organizations which also saved Jews on the side. The author claims that the main motivation for this group of rescuers was hate of the Nazi regime. Saving Jews was more of a side effect.
Child rescuers: Oh my, I totally forgot that kids were also playing part in this shit. In any case, they rarely made any conscious decision. They were just dragged into it by their parents.
Jew rescuing and cognitive dissonance
Another psychological effect I see in play here (although with much less confidence than with the bystander effect) is cognitive dissonance and, specifically, the effect it has on one’s morality, as explained by Carol Tavris in her Mistakes Were Made (but Not by Me) book.
The book asks you to imagine two students who are very much the same. On the test one of them decides to cheat, the other one decides not to. This may be because of completely external reasons. For example, one of the students have prepared for the topic A, the other one prepared for the topic B. By accident, the test focuses on topic B. The second student doesn’t have to cheat because she’s prepared. The first student doesn’t know much about B and so she decides to cheat.
After the test, both students try to minimize their cognitive dissonance. The non-cheating one is likely to endorse statements such as “all cheating is bad” or “only bad people cheat” and “all cheaters should be expelled”. The cheating student, on the other hand, is more likely to identify with statements such as “the tests are only a farce” or “cheating is not a big deal”. (See Carol Tavris explain the mechanism in more detail in this video.)
Now try to apply that to a person being asked to help by a Jew in distress.
They may decide not to help because the stakes are too high. If the Nazis found out, they would execute the entire family. But the understanding that you’ve basically sentenced a person to death is not an easy one to live with. To ease the cognitive dissonance between what the subject believes about himself and what he had done he’s likely to start believing things like “Jews are not human” or “Jews are intrinsically evil and should be eliminated for the benefit of all”. In the end he may turn in his neighbor, who’s hiding Jews, to the Gestapo.
If the strategy failed in predictable ways, shouldn’t we expect to find “pre-registered” predictions that it would fail?
This, and see also Gwern’s comment here.
“How many Oxford dons does it take to change a lightbulb?”
CHANGE‽‽‽
To my knowledge, there is currently no method that will generate a reasonably exhaustive list of all the languages a given book has been translated into. I use a combination of Worldcat, Wikipedia, Amazon and Google.
Greg Lewis discusses this at length here.
Metaculus generates lots of valuable metrics besides the “meaningless internet points” about which Zvi and others complained. If Yudkowsky had predicted regularly, he would have been able to know e.g. how well-calibrated he is, how his Brier score evolved over time, how it compares to the community’s, etc.
There is no need to create a Flashcards tag when we already have Spaced repetition.
Though I understood what you meant, perhaps a clearer terminology is all-things-considered beliefs vs. independent impressions.
Keynes’s view of Leninism seems similar to Russell’s, and may have been influenced by it. Here’s a quote from The Practice and Theory of Bolshevism (published in 1920):
Bolshevism is not merely a political doctrine; it is also a religion, with elaborate dogmas and inspired scriptures. When Lenin wishes to prove some proposition, he does so, if possible, by quoting texts from Marx and Engels. A full-fledged Communist is not merely a man who believes that land and capital should be held in common, and their produce distributed as nearly equally as possible. He is a man who entertains a number of elaborate and dogmatic beliefs—such as philosophic materialism, for example—which may be true, but are not, to a scientific temper, capable of being known to be true with any certainty. This habit, of militant certainty about objectively doubtful matters, is one from which, since the Renaissance, the world has been gradually emerging, into that temper of constructive and fruitful scepticism which constitutes the scientific outlook. I believe the scientific outlook to be immeasurably important to the human race. If a more just economic system were only attainable by closing men’s minds against free inquiry, and plunging them back into the intellectual prison of the middle ages, I should consider the price too high.
Thanks for the explanation.
Speaking personally, I would much prefer that contributions judged to make an article net worse be reverted than downvoted, both because this gives the contributor much clearer feedback and because it improves the quality of the article, relative to the opinion of the user deciding whether to downvote or revert. If other users disagree with that assessment, the karma system can perhaps then be used to resolve the disagreement, or to at least contribute to a resolution by conveying a signal whose meaning is now much easier to discern.
Concerning the specific edit: on reflection, I agree with you that the information I included would have been more appropriate in the Overcoming Bias article, and I am inclined to agree with you that it is best omitted from Hanson’s article. Accordingly, I have restored the previous version of the entry, though with the external link fixed.
Mmh, if there is no reason to take that particular trader seriously, but just the mere fact that his trades were salient, I don’t see why one should experience any sense of failure whatsoever for not having paid more attention to him at the time.
Still, my main point was about the reasons for taking that particular trader seriously, not the sense of failure for not having done so, and it seems like there is no substantive disagreement there.