futarchy

All posts tagged futarchy

Some comments on last weekend’s Foresight Conference:

At lunch on Sunday I was in a group dominated by a discussion between Robin Hanson and Eliezer Yudkowsky over the relative plausibility of new intelligences having a variety of different goal systems versus a single goal system (as in a society of uploads versus Friendly AI). Some of the debate focused on how unified existing minds are, with Eliezer claiming that dogs mostly don’t have conflicting desires in different parts of their minds, and Robin and others claiming such conflicts are common (e.g. when deciding whether to eat food the dog has been told not to eat).

One test Eliezer suggested for the power of systems with a unified goal system is that if Robin were right, bacteria would have outcompeted humans. That got me wondering whether there’s an appropriate criterion by which humans can be said to have outcompeted bacteria. The most obvious criterion on which humans and bacteria are trying to compete is how many copies of their DNA exist. Using biomass as a proxy, bacteria are winning by several orders of magnitude. Another possible criterion is impact on large-scale features of Earth. Humans have not yet done anything that seems as big as the catastrophic changes to the atmosphere (“the oxygen crisis”) produced by bacteria. Am I overlooking other appropriate criteria?

Kartik Gada described two humanitarian innovation prizes that bear some resemblance to a valuable approach to helping the world’s poorest billion people, but will be hard to turn into something with a reasonable chance of success. The Water Liberation Prize would be pretty hard to judge. Suppose I submit a water filter that I claim qualifies for the prize. How will the judges test the drinkability of the water and the reusability of the filter under common third world conditions (which I suspect vary a lot and which probably won’t be adequately duplicated where the judges live)? Will they ship sample devices to a number of third world locations and ask whether it produces water that tastes good, or will they do rigorous tests of water safety? With a hoped for prize of $50,000, I doubt they can afford very good tests. The Personal Manufacturing Prizes seem somewhat more carefully thought out, but need some revision. The “three different materials” criterion is not enough to rule out overly specialized devices without some clear guidelines about which differences are important and which are trivial. Setting specific award dates appears to assume an implausible ability to predict how soon such a device will become feasible. The possibility that some parts of the device are patented is tricky to handle, as it isn’t cheap to verify the absence of crippling patents.

There was a debate on futarchy between Robin Hanson and Mencius Moldbug. Moldbug’s argument seems to boil down to the absence of a guarantee that futarchy will avoid problems related to manipulation/conflicts of interest. It’s unclear whether he thinks his preferred form of government would guarantee any solution to those problems, and he rejects empirical tests that might compare the extent of those problems under the alternative systems. Still, Moldbug concedes enough that it should be possible to incorporate most of the value of futarchy within his preferred form of government without rejecting his views. He wants to limit trading to the equivalent of the government’s stockholders. Accepting that limitation isn’t likely to impair the markets much, and may make futarchy more palatable to people who share Moldbug’s superstitions about markets.