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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

This is my conversational account. For my work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    1. Venkatesh Rao‏ @vgr 23 Nov 2018
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      I’m pretty capitalist, but the idea that markets are the smartest large-scale entities we’ll ever invent is deeply depressing. This is why I’m always intrigued by *interesting* distortions. Not tawdry cronyist power grabs, but other kinds of weird unplanned distortions.

      5 replies 22 retweets 155 likes
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    2. Venkatesh Rao‏ @vgr 23 Nov 2018
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      Analogous to why the thought that some massive gradient-descent based algorithm is going to be the best kind of AI we might ever invent 🤬😬🤢🤮😖

      5 replies 3 retweets 26 likes
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    3. Venkatesh Rao‏ @vgr 23 Nov 2018
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      Interesting distortions include: reason (eg planning), urgent temporal forcing functions (climate change), low liquidity regimes and “art” pricing, ‘economics of pricelessness’, bureaucracy (= human GOFAI), smart contracts, HFT, exotic securitized instruments...

      2 replies 2 retweets 34 likes
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      Venkatesh Rao‏ @vgr 23 Nov 2018
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      Venkatesh Rao Retweeted Joscha Bach

      Problem with all these distortion ideas is that they are almost always easier to hack than use as intended. Cf the Lebowski theoremhttps://mobile.twitter.com/Plinz/status/985249543582355458 …

      Venkatesh Rao added,

      Joscha Bach @Plinz
      The Lebowski theorem: No superintelligent AI is going to bother with a task that is harder than hacking its reward function
      12:04 PM - 23 Nov 2018
      • 1 Retweet
      • 26 Likes
      • ian hines Robot Bastard! Russell Gorddard K Vita Sumit Katyal Tim Beiko | timbeiko.eth Christopher Pandolfi, CMT stupid twitt account
      1 reply 1 retweet 26 likes
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        2. Venkatesh Rao‏ @vgr 23 Nov 2018
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          Still, out of every 100 ideas to do better than today’s market, if 99 are easier to hack than use, 1 is a genuine advance within or outside the ‘market’ paradigm. So I like the idea of an eternal arms race between markets and imaginative attempts to distort them.

          1 reply 1 retweet 18 likes
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        3. Venkatesh Rao‏ @vgr 23 Nov 2018
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          You’ll always end up with one of 3 things: A new kind of criminal (99%) A new kind of market (0.9%) Something smarter than a market (0.1%)

          1 reply 1 retweet 32 likes
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        4. Venkatesh Rao‏ @vgr 23 Nov 2018
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          Dumb view: both markets and distortions are eternal patterns. Free-market fundamentalist view: markets evolve, distortions don’t Reactionary view (both left and right): markets are static but my new kind of distortion will deliver utopia Ze Truth: Arms race. Both evolve.

          4 replies 1 retweet 35 likes
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        5. End of conversation

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