5min chapter

Clearer Thinking with Spencer Greenberg cover image

Self-Improvement and Research Ethics (with Rob Wiblin)

Clearer Thinking with Spencer Greenberg

CHAPTER

How to Avoid a Mad World

LZ Granderson: I don't think the world's mad at all. This is exactly what you'd expect from chimpanzees wearing suits and ties, building civilization. LZ: An interesting topic is that of betting markets and prediction markets where people try to bet on what world events are going to happen. He says they're not quite perfect, there are some distortions, but they perform reasonably well. Lz: It seems like potentially this could be extremely useful because if these predictions markets are actually well calibrated, then it really does happen 70% of time.

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