ODELL
· 6d
i think this type of poll is an interesting way to discourage bots
I don't know if someone will find this usefull:
Robin Hanson looked at this and thought — why stop at predictions? Why not use this to govern?
His idea with futarchy is elegant because it separates two things that democracies constantly confuse with each other. Values and beliefs. When you vote for a politician, you're simultaneously expressing what you want society to look like AND what you think will actually get you there. Those are completely different questions collapsed into a single choice, which is why it produces such noisy results.
Futarchy keeps them separate. You vote democratically on what you want — lower poverty, better health outcomes, whatever the society agrees to care about. That's a values question and democracy is reasonable for it. But then, how you actually achieve those outcomes becomes a betting market. Anyone who thinks a particular policy will work puts money on it. The policy with the highest market price gets implemented. If it works, the believers get paid. If it fails, they lose.
The skin in the game part is what makes it honest. You can't lobby for a policy you secretly know won't work, because you'd be betting against yourself. You can't spread misinformation about outcomes, because the market will price it out over time. The mechanism structurally aligns what you say with what you actually believe.
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