Google Squared is a big piece of crap.

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Try &#8220-prediction markets&#8221- and &#8220-collective forecasting&#8221-.

Gimme Wolfram instead.

Technologizer:

[Wolfram] Alpha, while imperfect, is ready to do all sorts of useful things right now. Squared feels more like the initial proof of concept for something that may take years to get right.

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Are good blogs driven by author personalities or by well drilled topics?

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Justin Wolfers has escaped the Overcoming Bias purge, it seems. Justin Wolfers&#8217-s 4 posts (published in 2007) remain archived on what is now Robin Hanson&#8217-s QUOTE personal blog UNQUOTE. By contrast, Eliezer Yudkowsky&#8217-s posts written for Overcoming Bias now redirect to locations at Less Wrong.

Justin Wolfers now blogs at Freakonomics (which is under the New York Times umbrella). By comparison to Overcoming His Bias, Freakonomics is a real group blog success. Years later after his creation, Freaknomics has a high degree of participation by his co-bloggers, and some brand-new guest bloggers were recently invited. Freakonomics is a sustainable group blog which develops one unique thematic &#8212-economics. Sorry to burst our Master Of All Universes&#8217-s bubble, but Freakonomics is the case-in-point that debunks the hypothesis that says that &#8220-blogs are best defined not by topic but by lead author personalities&#8221-.

As for Midas Oracle, who cares about Chris Masse&#8217-s personality, as long as one gets his/her prediction market dope on a daily basis?

UPDATE:

Robin Hanson:

Chris, Eliezer was not “purged.” He requested to have his old posts moved to Less Wrong. No one else has made any similar request.

Eliezer was not “expelled”– he choose to move in order to build a community at Less Wrong using fancy comment karma software. The folks who wrote software for his new site also wrote the code at my new site.

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They love coding too much.

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– The people that Robin Hanson expelled from his blog are coding their own blogging software.

– As for Our Master Of All Universes, he codes his own WordPress theme (overcomingbias.com/wp-content/themes/overcoming-bias/) and inserts his own hacks into it.

UPDATE:

Robin Hanson:

Chris, Eliezer was not “purged.” He requested to have his old posts moved to Less Wrong. No one else has made any similar request.

Eliezer was not “expelled”– he choose to move in order to build a community at Less Wrong using fancy comment karma software. The folks who wrote software for his new site also wrote the code at my new site.

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Prediction markets are a zero-sum game.

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Did you lose money betting on InTrade, lately? Well, your money ended up in the pocket of that guy:

check

UPDATE: There was nothing about &#8220-hating the game&#8221- in my post. It was just a reference to the &#8220-sheep and wolves&#8221- concept floated by Robin Hanson. (See also the Iowa Electronic Markets research on their traders.)

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MicroSoft have patented the prediction markets.

Well, at least, one aspect of the prediction markets.

Uniited States Patent Application:

CONTINUOUS BETTING INTERFACE TO PREDICTION MARKET

Abstract

A user participates in trading securities in a prediction market which represent different outcomes of an event, using an interface which allows the user to understand a trade in terms of a bet. The interface also allows the user to explore different bet amounts while receiving feedback on potential payoffs in real time. In one approach, a tool is used which is moved in one direction by the user to indicate a larger trade for an outcome, or in the opposite direction to indicate a larger trade against the outcome. A bet for an outcome can be translated into a purchase of a corresponding security which represents the outcome. A bet against a particular outcome can be translated into a purchase of securities which represents all other outcomes. The user interfaces hides complexities of the market from the user while surfacing relevant information.

Inventors: BERG- HENRY G.- (Redmond, WA) – PROEBSTING- TODD A.- (Redmond, WA)

I won&#8217-t comment on this, because I believe that the US patent system is broken, generally speaking.

Dont let others dissuade you to create a prediction market startup.

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MicroSoft&#8217-s Steve Ballmer:

My parents thought I&#8217-d lost my mind to drop out of Stanford Business School to go to a company that makes software. My dad said &#8220-what the heck is software?&#8221- and my mother said &#8220-why the heck would a person need a computer?&#8221-.

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P2 = a revolution in blogging

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As I told you the other day, I am very impressed by P2, a new interactive WordPress theme. I have not selected it for Midas Oracle (I chose WP FrameWork), but I think that P2 will influence a lot of other themes.

Download this post if your feed reader doesn’t show you the embedded video above.