Theme: Incentives

  • CONSPIRACY OF COMMON INTERESTS VS OF INTENT —“Maybe I’m unclear on what you me

    CONSPIRACY OF COMMON INTERESTS VS OF INTENT

    —“Maybe I’m unclear on what you mean by intent. It seems to me incentives and intent are interlinked.”—Scott Strong

    CONSPIRACY OF COMMON INTERESTS: Passively follow incentives to seize existing opportunity – and fail to not seize opportunity that is immoral.

    CONSPIRACY OF INTENT: Actively work to create opportunities to seize because they are immoral.

    CONSPIRACY OF IDIOCY: Actively work to crate opportunities to seize that are immoral because you falsely believe that they are moral (you justify them)

    CONSPIRACY TO BAIT INTO HAZARD: Actively work to create opportunities for others to seize that produce immoral consequences.


    Source date (UTC): 2020-04-16 09:21:00 UTC

  • Well, because there is a limit to to those benefits, and no limit to market inco

    Well, because there is a limit to to those benefits, and no limit to market income other than one’s age and health. https://twitter.com/PeterSchiff/status/1249005341884461058

  • DEAR NOOBS: “RENT SEEKING” Has nothing to do with rental properties. 😉 RENT-SEE

    DEAR NOOBS: “RENT SEEKING”

    Has nothing to do with rental properties. 😉

    RENT-SEEKING

    In public choice theory as well as in economics, rent-seeking means seeking to increase one’s share of existing wealth without creating new wealth.

    Simple Version: “Corruption from outside the government inside of inside the government.”

    NOUN

    1. the fact or practice of manipulating public policy or economic conditions as a strategy for increasing profits.

    “cronyism and rent-seeking have become an integral part of the way our biggest companies do business”

    ADJECTIVE

    1. engaging in or involving the manipulation of public policy or economic conditions as a strategy for increasing profits.

    “rent-seeking lobbyists”

    Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth-creation, lost government revenue, heightened income inequality, and potential national decline.


    Source date (UTC): 2020-04-10 16:04:00 UTC

  • Won’t happen. Hyper-consuming, pseudoscience-indoctrinated, non-reproducing, cap

    Won’t happen. Hyper-consuming, pseudoscience-indoctrinated, non-reproducing, capital non-accumulating, urban white-collar singles, the political and financial elites who live off them, and the underclass they bribe with false promises aren’t enough to defeat the responsible. 😉


    Source date (UTC): 2020-04-08 16:06:04 UTC

    Original post: https://twitter.com/i/web/status/1247918645470167041

    Reply addressees: @HawaiiDelilah

    Replying to: https://twitter.com/i/web/status/1247911368407179264

  • The only organizations that ever prevent calcification are the pre-clinton milit

    The only organizations that ever prevent calcification are the pre-clinton military, pre-1960 judicial common law, and post 1970 surgical, for the simple reason that people suffer and die if one err’s. European civ’s law and science are an application of military epistemology.


    Source date (UTC): 2020-04-06 21:43:39 UTC

    Original post: https://twitter.com/i/web/status/1247278823164567552

    Reply addressees: @EricRWeinstein

    Replying to: https://twitter.com/i/web/status/1247278108081901568


    IN REPLY TO:

    Unknown author

    @EricRWeinstein The persistent strange and perhaps naive inference that institutions are ever credible unless subject to continuous competition, managed by empirical elites, under empirical stress. All evidence is that all human organizations maximize internal rents causing mission failure.

    Original post: https://x.com/i/web/status/1247278108081901568

  • FED ACCUSERS ARE PROTECTING THEIR MALINVESTMENTS AND RESISTING NEW INVESTMENTS b

    FED ACCUSERS ARE PROTECTING THEIR MALINVESTMENTS AND RESISTING NEW INVESTMENTS

    by John Mark

    My standard response to the fed-post accusation is to:

    a) mock anyone who says using 2A for its primary intended purpose is “bad” (were the founding fathers “feds”? lmao), and;

    b) demand they produce and articulate a solution: “What is your plan for when the Right can’t win any more elections?”

    Often these groups/individuals that countersignal are either consciously or subconsciously trying to hold on to their “market share” of right-wing audience – they have invested significantly in what they are doing, and many people even on the dissident right are still hoping in vain that there is some other way to win without force.

    P kinda makes everybody else look bad and threatens to make them irrelevant because we are a) describing the situation with brutal honesty (force or at least show of force will be necessary) while they are not, and b) P is so stunningly well thought out, with such thorough coverage and breakthrough insight both in explanatory power and recommended solutions, that it is impossible for anyone else on the Right to compete with. (Simply put, no other group has Curt on their team.)

    P also requires a decent amount of time investment to understand well enough to say “yeah, I get how this could work”. And time is something leaders have very little of – I have very limited time to invest in learning details about what other leaders/movements/packs are doing.

    We are also slaying the sacred cows of libertarianism/ancap etc., and correcting a bunch of failed strategies all around. (For example, we say persuasion & voting can’t be the Right’s primary strategy – but most groups on the Right are built around that primary strategy.)

    All this results in the leaders of other “packs” sometimes having an initial negative reaction toward us.

    One way to mitigate this without compromising on the truth, may be to invite people like this on my show and genuinely try to promote them (cuz many of them are doing great work in many ways), and then also ask them what they think of our basic solution proposals (policies etc, not in-depth P stuff), and have that discussion.

    Propertarians are the adults in the room on the Right. And we’re figuring out how to deal with/work with the other “packs”.


    Source date (UTC): 2020-04-06 11:37:00 UTC

  • I think the price sounds about right. Manufacturer markup generally must be some

    I think the price sounds about right. Manufacturer markup generally must be something like 100% in order to cover all costs of borrowing, manufacturing, inventory, administering, marketing, sales, distribution, and sufficient profit to adjust to shocks. (think: Patent not price)


    Source date (UTC): 2020-04-05 15:25:05 UTC

    Original post: https://twitter.com/i/web/status/1246821165273960449

    Reply addressees: @EricLiford

    Replying to: https://twitter.com/i/web/status/1246817655253880834

  • THREE CUTTING EDGE THINKING CLUSTERS by Giego Caleiro There are three cutting ed

    THREE CUTTING EDGE THINKING CLUSTERS

    by Giego Caleiro

    There are three cutting edge thinking clusters I believe we should unite

    1) The Incentive Tensors:

    Bostrom, Daniel Schmachtenberger (closer to the blade), David Sloan Wilson, Brett Weinstein, Joon Yun, Thiel, Eric Weinstein (trailing).

    Trying to find the basins and attractors that might stabilize future evolution (cultural, technological and memetic) away from Moloch (bad incentive structures), Azhathoth (evolutionary constraints).

    Related keywords: X-risks, Catastrophic Risks, incentive alignment, basins of attraction, exponential tech, differential progress, Singleton, transhumanism, multipolar equelibriae.

    2) The G Must Rise Clan:

    Michael Anthony Woodley of Menia, @Edward Dutton, Curt Doolittlele, Emil O. W. Kirkegaard, Alexander Kruel, etc…

    They caught up with the research on correlations between intelligence and genes to the point where they can use the genome of ancient populations to calculate their G, and the mechanisms that produce intelligence in populations, and see we are falling 1 point per decade and want to make G rise.

    Keywords: Social Epistasis Models, Intelligence decline, Woodley Effect, Anti-Flynn effect, Differential reproduction.

    3) The Individual x Group Differentiators:

    Ellen Clarke, Sloan David Sloan Wilson again, Price equation, Coase’s theory of the firm, Stuart Armstrong Anthropic Decision Theory, Eros Szathmary, Deacon, Tononi

    They try in different disciplines, from economics, to corporations, to biological organisms to artificial agents differentiatiate what is an individual versus what is a group. When do many individuals become a group through loss of autonomy and degeneration for instance, or to what extent is functional identity or similarity sufficient for something to be one versus a member of a group, or a copy etc….

    Keywords: Major Evolutionary Transition, Type 1 Type 2 object (in Clarke’s), Autonomy loss, degeneration, differentiation, autopoiesis, autocatalysis, synergy, merger.

    ———————————

    The reason I think these people should try to think together and understand each other’s fields is basically that we lack the appropriate tools to steer the future if any foot of this triad is ignored.

    We can only design the right incentive structures and alignment by recognizing the on the ground reality of reproduction, the fall in G in the last century and a half, and the expected continuation of this process in the current biogeographical and mating dynamics – both due to the dynamics themselves but also due to the astronomical and thus prohibitive cost of transition to a system where selection bypasses sex, sexual selection etc… e.g. genetic engineering is a dead end.

    Incentive structures and tensoring them on directions also requires understanding to what extent an agent is one or many, and how hard it will protect or help (Steve Omohundro comes to mind) its own survival and reproduction and what it considers part of itself or a larger group or different entity.

    Uniting these three paradigms was, and is, the bulk of my PhD thesis but seeing the stellar conversation between Schmachtenberger and Eric made me realize we’re probably closer to a point where that debate is legible to a wider audience than 5 years ago when I began writing.

    So I’d urge people who understand one of foot of the triad well to teach their foot to those in the other two, and everyone to try to learn the ones they are less familiar with.

    ________________

    In comments I’ll try to outlay examples of the problems of not grasping one foot in those working on a different one.Updated Apr 4, 2020, 2:47 PM


    Source date (UTC): 2020-04-04 14:47:00 UTC

  • Grow up. The market is what outsourced production of medicine supplies and equip

    Grow up. The market is what outsourced production of medicine supplies and equipment overseas at the expense of lives today. The market is what financialized the economy so that nearly half of mortgages will fail. The market is what caused immigration so we can’t even automate.


    Source date (UTC): 2020-04-04 02:26:39 UTC

    Original post: https://twitter.com/i/web/status/1246262879663382528

    Reply addressees: @EthanBoyle @JulieBorowski

    Replying to: https://twitter.com/i/web/status/1246171636434259970

  • No. It’s because they don’t stay on the job. They move on. Over time they’ve hir

    No. It’s because they don’t stay on the job. They move on. Over time they’ve hired for the sweet spot of 100-105 because the men stay. it’s very expensive and time consuming to train and integrate them. The work is bureaucratic, boring, lots of paperwork, elements of risk.


    Source date (UTC): 2020-04-03 22:58:02 UTC

    Original post: https://twitter.com/i/web/status/1246210380654956549

    Reply addressees: @EricLiford

    Replying to: https://twitter.com/i/web/status/1246202650099683329