Gurwinder Bhogal's Guide to Modern Survival (EP.231)
Infinite Loops
Prediction markets: A Rational Approach
Prediction markets, rooted in rationality, could lead to a new form of governance where the ability to accurately foresee the future determines leadership. This approach emphasizes the importance of developing a sound model of reality, as consistent future predictions rely on accuracy rather than chance. Such markets encourage critical thinking and resist the allure of prevailing trends that prioritize short-term gains over long-term understanding.
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