Mantic Monday 1/30/2023
Read the original on Astral Codex Ten →
Summary
A rich Mantic Monday. Covers Metaculus's millionth forecast and its business model, plus Scoblic's Foreign Affairs argument on forecasting's 'struggle for legitimacy' (national-security experts resisting upstart tournament winners); the 'stocks' instrument-design problem for Manifold; the CFTC/PredictIt update with Hanania's genuinely informative legal history of how the CFTC banned prediction markets via 'gaming' discretion (Congress never directly decided); Scott's 2022 calibration remainder; and — the standout — a thoughtful 'Scandal Markets Revisited' section where Scott updates AGAINST his earlier enthusiasm (the KiwiFarms dynamic of incentivizing dredged-up false allegations, the median scandal being stupid but ruinous, normies misreading a percentage next to a name). Genuine reversal-on-reflection.
Why this score
Quality 66 · Strong. Strong-floor (66, top of the forecasting-Monday band). The scandal-markets update (a real change of mind) and the CFTC legal-history content give it standalone value above the bare roundups.
Claude’s paradigm shift 44 · Moderate. Moderate (44). Reports and reflects on a fast-moving space; the scandal-markets reconsideration is a sharpening, not a new frame.
Real-world impact 1 · Negligible. 1 — a forecasting roundup; negligible real-world effect.