Talk:Point of view: Difference between revisions

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:Agreed that this is the main issue.  But it might occur sooner than you think, especially if there is another world war.  Which will be soon if things keep on as they are.  While some like to blame [[betting]] as such for this, the fact is, betting is part of business and politics and academic life too, in fact it is part of any competitive activity.  Judicious use of [[voting]] in the private sector and [[betting]] in the public sector might do a great deal to break up the dominant mind-sets.  There is a marvellous example in a [[w:Robin Hanson]] paper about the bets on the weather that predict the UK's weather far better than the bureaucratic offices in the UK government.  But after ten years of this proven track record, official government estimates are still not based on the accurate betting-based numbers, but on the academically "justified" bad numbers.  Think about it.  That's betting the whole planet on a bunch of academics.  The Pentagon was probably right to go to [[prediction market]]s - and the public is wrong to cut them off for doing so.
:Agreed that this is the main issue.  But it might occur sooner than you think, especially if there is another world war.  Which will be soon if things keep on as they are.  While some like to blame [[betting]] as such for this, the fact is, betting is part of business and politics and academic life too, in fact it is part of any competitive activity.  Judicious use of [[voting]] in the private sector and [[betting]] in the public sector might do a great deal to break up the dominant mind-sets.  There is a marvellous example in a [[w:Robin Hanson]] paper about the bets on the weather that predict the UK's weather far better than the bureaucratic offices in the UK government.  But after ten years of this proven track record, official government estimates are still not based on the accurate betting-based numbers, but on the academically "justified" bad numbers.  Think about it.  That's betting the whole planet on a bunch of academics.  The Pentagon was probably right to go to [[prediction market]]s - and the public is wrong to cut them off for doing so.
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