5min chapter

Bankless cover image

152 - Why Can't We Have Nice Things | Liv Boeree

Bankless

CHAPTER

The Power of Mollock

Mollock is the thing that would make you always defect because mollock's like well what's the short term when here how do I gain the most oh I do it by defecting so I'm going to do that and whatever the anti-mollock is would be the thing. Elud Yudkowski: Mollock at its most dangerous when it incentivizes people to come up with new newer and newer ways to get to competitive advantage. He says we are now in the era of exponential technology which we were not a long time ago. The more power you can throw into making your technology the better, he argues and this will only lead to bad things being done

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