Hmm, that quote seems to be saying “all economic systems eventually reduce to game theory” which is true but not super useful. Or, it’s super useful because it reminds us there are no shortcuts, and you’d better design your system to be resilient against intelligent agents.
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The other side of that, which is what I was thinking about back when I wrote that post, is that you can't necessarily assume your system will gain the *benefits* of the agents acting intelligently. We mistakenly assumed we would in Mojo Nation.
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That also sounds like economics. Most of the time your intelligent agents act exactly unlike how you’d hope.
End of conversation
New conversation -
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I specifically like the last part, can it be measured and can it be programatically allowed/denied? If the answer is yes to both, then whatever it is, it will be possible to build an on demand micro transaction market around it... could lead to the end of monthly subscriptions
Thanks. Twitter will use this to make your timeline better. UndoUndo
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