TheCowboy
Joined 16 years ago
Joined 16 years ago
There's also the issue where most people who use them clearly think they're fine, or they would stop.
They just don't work half as well as when people did it manually.
Before the pandemic, it was rare to get blinded by a person's brights. Now if I drive at night it's just non-stop, and I live in an area with street lighting. (Some of this is also due to after market LEDs and possibly lost driving manners.)
It's extra obnoxious as a pedestrian because at best they get turned off way too late, or frequently not at all.
I've been doing it profitably myself for almost 10 years now. I have zero special inside knowledge, and no access to any other non-public information.
> Will the US strike Iran by X date
Last year I did think the market for a strike on Iran was significantly underpriced given the information and conditions within a specific frame of time.
I don't think every smart person can just pop into prediction markets and print money, but I know many smart people who are long-term winners. I also don't try to knock people as degenerate when they have genuine talent.
It doesn't help that Google offers a bunch of confusing plans in multiple places. I ended up just pasting all their AI plan URLs, at least that I could find, into Claude so I didn't have to figure it out.
Prediction markets exist within the laws and institutions of society to be able to function, and the public should debate and discuss how they're regulated. Problem gamblers do present a negative externality where third parties can bear the cost, especially when they have dependents.
It's also a massive whoosh that you only consider the insider trader aspect in choosing to play weather markets. No consideration of how you would get an edge in these markets against extremely powerful weather models used by meteorologists who understand the subject and how to apply the data. It seems much different than betting against political pundits.
It's also another whoosh not realizing that some of these stations are actually not that secure when you take a look at them in real life. Less insiders than betting on things that aren't tamper-resistant.
Also, a lot of people complain about insiders profiting from last minute data. One way to limit this would be requiring markets to close in advance of final data, but people love to gamble (read: bet without an edge) on things at the last minute across all prediction market subjects.
But building software does tend to come with a lag even with AI. And we're also just more likely to see its influence in existing software first.
I'd rather be asking where it is AND actively trying to explore this space so I have a better grasp of the engineering challenges. I think there's just too many interesting things happening to be able to just wave it off.
This is such a new and emerging area that I don't understand how this is a constructive comment on any level.
You can be skeptical of the technology in good faith, but I think one shouldn't be against people being curious and engaging in experimentation. A lot of us are actively trying to see what exactly we can build with this, and I'm not an AI influencer by any means. How do we find out without trying?
I still feel like we're still at a "building tools to build tools" stage in multi-agent coding. A lot of interesting projects springing up to see if they can get many agents to effectively coordinate on a project. If anything, it would be useful to understand what failed and why so one can have an informed opinion.
What if you built a company by recruiting such people and sold their expertise at a premium?
I also think assuming there's no real skill at any consulting company is probably a mistake. Or if anything, they're not just all "management consultants" and many of these places have tech consultancies as well. There are also tech companies that are basically specialized consultancies---compsec is probably a very visible area where it's a more common model and at least some firms get some respect for competence.
There's plenty of criticism for consulting firms and it can be very valid. You can probably even dig up stories of bad consulting experiences in the comments on HN.
But I've known people who worked at places where they didn't really have the talent to solve some unique problem, or their own people had caused the problems.
Good consultants will try to pick the brains of employees for insight that's been missed, ignored, or simply wasn't communicated well. They have have problem solving skills that overlap with a good software engineer, such as requirements gathering, communicating with managers, etc.
It's also not a bad foundation for people who want to understand how these things are trained and work.