Astral Codex Ten Podcast
I have data from two big Internet surveys, and . Both asked questions about IQ: The average LessWronger reported their IQ as 138. The average ClearerThinking user reported their IQ as 130. These are implausibly high. Only 1/200 people has an IQ of 138 or higher. 1/50 people have IQ 130, but the ClearerThinking survey used crowdworkers (eg Mechanical Turk) who should be totally average. Okay, fine, so people lie about their IQ (or foolishly trust fake Internet IQ tests). Big deal, right? But these don’t look like lies. Both surveys asked for SAT scores, which are known to correspond to...
info_outline In Partial Grudging Defense Of Some Aspects Of Therapy CultureAstral Codex Ten Podcast
Both the Atlantic’s critique of polyamory and shared the same villain - “therapy culture”, the idea that you should prioritize “finding your true self” and make drastic changes if your current role doesn’t seem “authentically you”. A friend recently suggested a defense of this framework, which surprised me enough that I now relay it to you.
info_outline Verses On Five People Being Killed By A Falling Package Of Foreign AidAstral Codex Ten Podcast
(inspired by )
info_outline Mantic Monday 3/11/24Astral Codex Ten Podcast
Robots of prediction, predictions of robots
info_outline Spring Meetups Everywhere 2024 - Call For OrganizersAstral Codex Ten Podcast
There are ACX meetup groups all over the world. Lots of people are vaguely interested, but don't try them out until I make a big deal about it on the blog. Since learning that, I've tried to make a big deal about it on the blog twice annually, and it's that time of year again. If you're willing to organize a meetup for your city, please .
info_outline How Should We Think About Race And "Lived Experience"?Astral Codex Ten Podcast
The consensus says "biological race doesn't exist". But if race doesn't exist, how do we justify affirmative action, cultural appropriation, and all our other race-related practices? The consensus says that, although race doesn't exist biologically, it exists as a series of formative experiences. Black children are raised by black mothers in black communities, think of themselves as black, identify with black role models, and face anti-black prejudice. By the time they're grown up, they've had different experiences which give them a different perspective from white people. Therefore, it’s...
info_outline ACX Grants Followup Impact MarketAstral Codex Ten Podcast
I. What’s Going On We got 351 proposals for , but were only able to fund 34 of them. I’m not a professional grant evaluator and can’t guarantee there aren’t some jewels hidden among the remaining 317. The plan has always been to run an impact market - a site where investors crowdfund some of the remaining grant proposals. If the project goes well, then philanthropists who missed it the first time (eg me) will pay the investors for funding it, potentially earning them a big profit. In , some people (okay, one person) managed to get 25x their initial investment by funding a charity which...
info_outline Who Predicted 2023?Astral Codex Ten Podcast
Winners and takeaways from last year's prediction contest I. The Annual Forecasting Contest …is one of my favorite parts of this blog. I get a spreadsheet with what are basically takes - “Russia is totally going to win the war this year”, “There’s no way Bitcoin can possibly go down”. Then I do some basic math to it, and I get better takes. There are ways to look at a list of 3300 people’s takes and do math and get a take reliably better than all but a handful of them. Why is this interesting, when a handful of people still beat the math? Because we want something that can...
info_outline Book Review Contest Rules 2024Astral Codex Ten Podcast
All right, let’s do this again. Write a review of a book. There’s no official word count requirement, but previous finalists and winners were often between 2,000 and 10,000 words. There’s no official recommended style, but check the style of or my ACX book reviews (, , ) if you need inspiration. Please limit yourself to one entry per person or team. Then send me your review through . The form will ask for your name, email, the title of the book, and a link to a Google Doc. The Google Doc should have your review exactly as you want me to post it if you’re a finalist. DON’T INCLUDE...
info_outline Links For February 2024Astral Codex Ten Podcast
[I haven’t independently verified each link. On average, commenters will end up spotting evidence that around two or three of the links in each links post are wrong or misleading. I correct these as I see them, and will highlight important corrections later, but I can’t guarantee I will have caught them all by the time you read this.]
info_outlinehttps://astralcodexten.substack.com/p/book-review-antifragile
Nassim Taleb summarizes the thesis of Antifragile as:
Everything gains or loses from volatility. Fragility is what loses from volatility and uncertainty [and antifragility is what gains from it]. The glass on the table is short volatility.
The glass is fragile: the less you disrupt it, the better it does. A rock is “robust” - neither fragile nor antifragile - it will do about equally well whether you disrupt it or not. What about antifragile? Taleb's first (and cutest) example is the Hydra, which grows more and more heads the more a hero tries to harm it. What else is like this?
Buying options is antifragile. Suppose oil is currently worth $10, and you pay $1 for an option to buy it at $10 next year. If there's a small amount of variance (oil can go up or down 20%), it's kind of a wash. Worst-case scenario, oil goes down 20% to $8, you don't buy it, and you've lost $1 buying the option. Best-case scenario, oil goes up 20% to $12, you exercise your option to buy for $10, you sell it for $12, and you've made a $1 profit - $2 from selling the oil, minus $1 from buying the option. Overall you expect to break even. But if there's large uncertainty - the price of oil can go up or down 1000% - then it's a great deal. Worst-case scenario, oil goes down to negative $90 and you don't buy it, so you still just lost $1. Best case scenario, oil goes up to $110, you exercise your option to buy for $10, and you make $99 ($100 profit minus $1 for the option). So the oil option is antifragile - the more the price varies, the better it will do. The more chaotic things get, the more uncertain and unpredictable the world is, the more oil options start looking like a good deal.