local optimums are dangerous - they can get civilizations collapsed. Use evolutionary algorithms & ensure enough level of mutation is present in the society ;)https://twitter.com/Plinz/status/941522164586557440 …
-
-
Replying to @hackermill
For societies, the real bitch is how to find Nash equilibria that are compatible with things not going to shit. Offsetting incentives requires governance, incentives of government need to be aligned with creating global optima, you need adaptive error correction etc.
2 replies 1 retweet 3 likes -
Replying to @Plinz
once Nash equilibria is found then what is the point for a society to exist beyond this point?
1 reply 0 retweets 0 likes -
-
Replying to @Plinz
heh, so the only way to ensure human survival as a race is to never reach Nash equilibria and just spend eternity searching and deliberately turning away once (if) one is seen on the horizon :)
1 reply 0 retweets 0 likes -
Replying to @hackermill
Misunderstanding! The Nash equilibrium is reached when all individual agents have optimized their behavior according to their incentives (whatever they think these are). Often this local equilibrium is not producing the globally best outcome, which is why you need governance.
2 replies 0 retweets 0 likes -
Replying to @Plinz @hackermill
A government is an agent that imposes an offset on the payoff function (via reward or punishment) of the individuals, so their Nash equilibria change, thereby improving the total benefits generated by the system. Often, this will increase the payoff for all individuals.
1 reply 0 retweets 0 likes
However, if an individual thinks that they would get a higher payoff by opting out of the system, they will not voluntarily submit to the government, so the government may have to give them extra rewards or punishments, or the individuals go rogue or Brexit.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.