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jpadkins

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jesse dot adkins at gmail posts reflect my personal opinion only, not my employer.

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I think there are rules about public disclosures in a run up to an IPO. They may not be able to publish updates until the official IPO process begins.

I think another important question is can you distill taste? (another comment uses the phrase "externalize", which might mean something similar).

I think people have been trying for the written word, with some degree of success (anti-slop skills). I have been trying for visuals, and it's pretty meh. It's easy to get a multimodal LLM to follow a style guide, but a style guide doesn't capture everything that accounts for taste. And anything that is dynamic (not a screenshot test) seems really hard or really expensive.

What you are describing applies to all forms of money. It has value because people believe other people will use it as money. If that belief drops, the value drops.

People comment on gold and Bitcoin, but don't realize the same principles apply to US dollars and bonds.

yes it is good in many scenarios.

Imagine bad (incorrect and potentially harmful) information is public knowledge. Examples are "X cures cancer" or "Is Y dangerous to consume".

A prediction market will be seeded by public knowledge (of course it cures cancer or its safe to consume), which you describe "suckers". History is filled with many examples of bad public knowledge that turned out to be false (e.g. DDT is safe pesticide).

An insider (someone who knows the drug trial results, or works at the Corp creating the harmful substance) is incentivized to trade on that knowledge, which creates a better informed public (via people who pay attention to prediction markets).

Why does secret(insider) knowledge exist? To the benefit of the organization that wants to keep the knowledge secret. Insider trading laws purpose is to keep Corp and gov orgs in power. They prevent the dissemination of true information (for private power). Prediction markets incentivize the dissemination of true information, a public good.

So because Quebec ancestors killed all the people who opposed the conquest of that land, it's okay for Quebec to secede? But because another set of Canadians didn't kill off all the natives that still claimed Alberta's land, they can't secede legally? Is that the logic?

Solar panels on surface get ~70% less energy than in space once you factor in atmosphere absorption, day/night, weather, etc. Solar + battery on the surface is not economically viable versus nat gas generators (excluding externalities)

along with everything else Musk has claimed in the past decade

* mass produced EVs * Neural links to brain * reusable rockets * more efficient tunnel digging

Dude has a pretty good record of taking stuff in R&D and making pretty real products and/or companies. Can you name someone better?

One reasoning flaw I've seen in this type of discussion is the assumption that the person has the same value system as you / the experts. In your example, it is assumed that the subject values a very long life. Maybe they don't, maybe they value smoking way more than a long life.

I largely agree with you, but I would tweak it to say "Humans are decent at doing what's best for them given their own values and knowledge".

vapor has been used for medicine delivery for a long time, especially for patients who can't swallow pills.

Also gov regulation is not the only form of regulation. Fear of getting sued by your customers into bankruptcy is an effective regulation on putting harmful substances into your vape.