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Scott Alexander uses a satirical FAQ about stores to illustrate common objections to new institutions, then explains the purpose and offers heuristics for evaluating such criticisms.
Longer summary
Scott Alexander presents a satirical FAQ about buying things from stores, addressing various hypothetical concerns and objections. The post humorously explores common criticisms of new institutions by applying them to the familiar concept of stores. In the final section, Scott explains the purpose of this satire, drawing parallels to similar objections raised against prediction markets and self-service gas stations. He then offers heuristics for evaluating such criticisms and emphasizes the importance of practical implementation over theoretical objections.
Shorter summary
Scott Alexander reviews Luna, a blockchain-based dating platform, discussing its novel features and expressing cautious optimism about its potential, while questioning the necessity of blockchain for its functions.
Longer summary
Scott Alexander reviews Luna, a blockchain-based dating platform. He discusses its novel features like using cryptocurrency to allocate user attention, incentive alignment for successful matches, and machine learning for better matchmaking. While intrigued by some aspects, he questions the necessity of blockchain technology for the platform. The post explores the potential benefits and pitfalls of such a system, comparing it to existing dating sites and discussing its economic model. Scott expresses hope that Luna isn't a scam, seeing it as potentially representing the best of Silicon Valley innovation if genuine.
Shorter summary