19min chapter

Doom Debates cover image

Is P(Doom) Meaningful? Epistemology Debate with Vaden Masrani and Ben Chugg

Doom Debates

CHAPTER

Futarchy and the Power of Prediction Markets

This chapter examines the innovative concept of futarchy, emphasizing the use of prediction markets for evaluating policy proposals. It critically assesses the reliability of collective forecasts and the balance between expert knowledge and market insights. The discussion highlights the limitations of human predictive abilities, the role of AI, and the challenges of accurately forecasting apocalyptic scenarios.

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