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Jan 02, 2025
acx
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23 min 3,504 words 672 comments 379 likes podcast (21 min)
Scott examines a prediction about eternal wealth inequality after the Singularity, analyzing potential counterarguments, prevention strategies, and ways to prepare for such a future. Longer summary
Scott analyzes a prediction that post-Singularity society will have eternal stagnant wealth inequality, with pre-Singularity capital determining wealth forever. He explores three angles: why this prediction might fail (eight counterarguments including AI killing humans, government intervention, and space colonization), how to prevent it (mainly through corporate structures like early OpenAI that limit investor returns), and how to maximize one's chances of being in the wealthy class (mostly concluding that traditional wealth-building advice applies). The discussion includes OpenAI's recent structural changes and their implications for wealth distribution post-Singularity. Shorter summary
Dec 20, 2022
acx
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84 min 12,964 words 316 comments 166 likes podcast (77 min)
Scott Alexander presents a comprehensive FAQ on prediction markets, arguing for their accuracy, canonicity, and potential to solve the 'crisis of trust' in society. Longer summary
This post is a comprehensive FAQ about prediction markets, explaining what they are, why they are believed to be accurate and canonical, addressing common objections, and describing clever uses for them. Scott Alexander presents prediction markets as a potential solution to the 'crisis of trust' in modern society, arguing that they can provide unbiased, accurate predictions on a wide range of issues. The post also covers the current status of prediction markets and suggests ways people can help promote them. Shorter summary
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