[SEQ RERUN] The Apocalypse Bet
If you think that the apocalypse will be in 2020, while I think that it will be in 2030, how could we bet on this? One way would be for me to pay you X dollars every year until 2020. Then, if the apocalypse doesn’t happen, you pay me 2X dollars every year until 2030. This idea could be used to set up a prediction market, which could give society information about when an apocalypse might happen.
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This post is part of the Rerunning the Sequences series, in which we’re going through Eliezer Yudkowsky’s old posts in order, so that people who are interested can (re-)read and discuss them. The previous post was You Can Face Reality, and you can use the sequence_reruns tag or rss feed to follow the rest of the series.
Sequence reruns are a community-driven effort. You can participate by re-reading the sequence post, discussing it here, posting the next day’s sequence reruns post, or summarizing forthcoming articles on the wiki. Go here for more details, or to have meta discussions about the Rerunning the Sequences series.