this post was submitted on 18 Apr 2025
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TechTakes

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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[–] Collectivist@awful.systems 6 points 3 days ago (6 children)

people without disposable income are now excluded

The article does say/link:

I’ve previously talked about how it may not always be ethical to require people to bet on their beliefs, and talked about how the interests of rich people could bias certain prediction markets

As for

The bullshit artist prevention also doesnt work

In the footnote it does say:

This doesn’t work for very longterm bets, and it also wouldn’t convince everyone, since conspiracy theorists still exist. Still, I expect it to be helpful on average.

Although there's likely still an overestimation of how much it would help

[–] YourNetworkIsHaunted@awful.systems 16 points 3 days ago (4 children)

I started reading the post about wealth bias and was immediately distracted by the fact that they're trying to call a government based on prediction markets a "futarchy" which speaks to these people being entirely the wrong kind of terminally online.

[–] nev@bananachips.club 3 points 2 days ago (2 children)
[–] floppyplopper@todon.nl 3 points 20 hours ago (1 children)

@nev @YourNetworkIsHaunted @Collectivist
here's someone who doesn't want to be ruled by the futureari

[–] nev@bananachips.club 3 points 18 hours ago

@floppyplopper @YourNetworkIsHaunted @Collectivist i welcome our new rationalist gambler dickgirl overlords

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