Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Our Master Of All Universes

Why Nate Silver is wrong about the usefulness of long-term prediction markets: IT DIDN’T WORK. IT IS A PATENTED FAIL.

Nate Silver becomes a little Robin Hanson fanboy… after just a lunch with the Master.
ACT ONE: Nate Silver lunched with Robin Hanson, one month ago, to interview him for his future book about forecasting.
ACT TWO: Robin Hanson has published yet another post pumping up prediction markets for solving every problem on Earth —this time, yelling [...]

Robin Hanson: My best idea was prediction markets.

Robin Hanson’s auto-biography (i.e., how Our Master Of All Universes views HimSelf):

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Robin Hanson:
Do you find it hard to summarize yourself in a few words? Me too.
But I love the above quote. I have a passion, a sacred quest, to understand everything, and to save the world. I am addicted to “viewquakes”, insights which [...]

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