Lambda School's Incredibly Naive Incentive Alignment
Lambda School is the most incentive-aligned education in the world. It is so incentive-aligned, that their fundraising announcement was titled “Lambda School Raises $74 million for Incentive-Aligned E
Markets Are about Information, Not Incentives
If you spend any time on libertarian Twitter, you’ll hear endless praise for “incentive alignment”, “mechanism design” and of course the king of it all: “markets”. For the most part, these genuinely i
- References the Gell-Mann Amnesia effect to understand why we ascribe wisdom to tweets from people that we know to be wrong in numerous of their other tweets.
In this sense, every tweet is an option with asymmetric returns. If you’re right, you cash out; if you’re wrong, everyone forgets and you lose nothing. The incentive is to ramp up variance, make bold claims in a variety of areas, and hope you’re right some of the time.