All of gabcoh's Comments + Replies

I think the dynamic you describe where betting for real money “incentives [people] to try to set the most unfavourable odds they can for the other party” is correct, but also good. Two rational actors will only engage in a bet if they believe it is +EV for each of them. In a zero sun bet, this is only possible if each actor assigns sufficiently different probabilities to the event in question. So actually in the case you described about the £10k bet, useful information was conveyed. You demonstrated that you were not sufficiently confident in your claims t... (read more)

5
Sabs
1y
well obviously I could have offered way better odds  (probably up to 50-1!) and it would have been +EV for me still, but I didn't because I wanted to get the best possible price and assumed my opponent might engage in some negotiations (which they did not). So no, no useful information was conveyed other that I though there was a small chance my opponent on the other side of this hypothetical bet might have been dumb enough to take it at that price. 

Regarding more examples, I think that any action which someone could say "I would do this but what difference is one person's action going to make" is a candidate for a good campaign. More examples I can think of mainly relate to conservation (energy, water etc.). I also think this platform could help power boycotts of companies which could be a very powerful use (but also with a risk of becoming dangerous as pointed out by Ramiro). I actually think that this alone would be a very powerful use for such a platform.

And regarding my second issu... (read more)

To be honest, I haven't considered that at all. I can definitely imagine that if a platform like this were to become popular it could start organizing campaigns that don't necessarily conform with my values. However, I think that with minimal moderation those could be dealt with, but I would have to walk the line between removing truly bad ideas and ideas which I just may not completely agree with.

But this is still a problem that I only think we could even face if such a platform reached a large critical mass of users, which is pretty far down the road.

1
Ramiro
4y
I tend to agree with you... But then I remember how Facebook can be used to coordinate and broadcast executions in Brazil, or sow hate against Rohingyas. My point is not "you should think about this flaw that your system perhaps-eventually-might have", but "are you sure that we need more effective coordination, instead of tools to ensure that it aims for good?"