The Inexact Sciences

Safety in Markets: An Impossibility Theorem for Dutch Books ( dash.harvard.edu )

We show that competitive markets protect consumers from many forms of exploitation, even when consumers have non-standard preferences. We analyze a competitive dynamic economy in which consumers have arbitrary time-separable preferences and arbitrary beliefs about their own future behavior. Competition among agents eliminates...

AI’s challenge of understanding the world ( www.science.org )

In thinking about the challenge of getting artificial intelligence (AI) to understand our complex world, I recalled a Twitter post from a user of Tesla’s self-driving system. The user tweeted that his car kept stopping abruptly at a particular location for no apparent reason. Then he noticed a billboard advertisement on the...

[REALBOYISM] Fall of the Fall 🍂🍏 — AGI Drugs You Should Try It ( realitygamer.substack.com )

Realboyism is a new volume of writing in which musical offerings will be paired with poetical essays on associated themes; this is the first chapter. Fall of the Fall Listen to Fall of the Fall by Realboy on SoundCloud There is no meme or hidden subtext. And even though the Fall of the Fall got a tie-in pop song, featuring AI...

The price is right ( openairopensea.substack.com )

The United States Department of Transportation will pay $11.8 million to save a life. You know what that means? It means that if you come to the United States Department of Transportation with a plan (barriers around the Grand Canyon, wider lanes on the expressway, no left-turns on Sundays, etc. etc. etc.), the United States...

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