My $150K against your $1K if you're still up for it at 150:1. Paypal to yudkowsky@gmail.com with "UFO bet" in subject or text, please include counterparty payment info if it's not "email the address which sent me that payment".
Key qualifier: This applies only to UFOs spotted before July 19th, 2023, rather than applying to eg future UFOs generated by secret AI projects which were not putatively flying around and spotted before July 19th, 2023.
ADDED: $150K is as much as I care to stake at my current wealth level, to rise to this bettors' challenge and make this point; not taking on further bets except at substantially less extreme odds.
Though I disagree with @RatsWrongAboutUAP (see this tweet) and took the other side of the bet, I say a word of praise for RatsWrong about following exactly the proper procedure to make the point they wanted to make, and communicating that they really actually think we're wrong here. Object-level disagreement, meta-level high-five.
I am not - $150K is as much as I care to stake at my present weath levels - and while I refunded your payment, I was charged a $44.90 fee on the original transmission which was not then refunded to me.
Oh, that's suboptimal, sending 100$ to cover the fee charge (the extra in case they take another fee for some reason).
Again, apologies for the inconvenience. (wire sent)
When it comes to solution criteria, it might be useful to have a Metaculus question. Metaculus questions have a good track record of being resolved in a fair matter.
The thing that has me pretty confused about your confidence here is not just that there's something weird going on here, but, that you expect it to be confirmed within 5 years.
I would give 200:1 odds for up to 50,000 of my own dollars.
My likelihood for one of the weird hypotheses you listed being true is higher than .5%. However my odds are much lower that we get any significant evidence of those hypotheses being true within the next 5 years and that UFOs + UAPs are caused by that weird hypothesis.
I think the issue is going to be disagreements about what the > 50% likelihood means. A lot of people are saying the current round of military and federal officials coming forward with their stories about the government keeping alien craft in secret facilities is significant evidence in favor of aliens. I would like a resolution criteria that is either public polling (>50% of people polled say that X hypothesis is true) or maybe a particular public figure taking a serious stance (Scott Alexander seriously claims that UFOs are shadow US government 4d vehicles extending into our visible space).
A proper Bayesian currently at less 0.5% credence for a proposition P should assign a less than 1 in 100 chance that their credence in P rises above 50% at any point in the future. This isn't a catch for someone who's well-calibrated.
In the example you give, the extent to which it seems likely that critical typos would happen and trigger this mechanism by accident is exactly the extent to which an observer of a strange headline should discount their trust in it! Evidence for unlikely events cannot be both strong and probable-to-appear, or the events would not be unlikely.
How come you're trusting essentially random internet strangers to pay up significant sum of money if they lose a bet in up to 5 years?
LW's with a reputation are a far cry from random internet strangers. I made the bet terms as such to be as frictionless and minimum downside for my counterparties as possible to try and eliminate as many concerns as possible, I do want to make bets afterall.
If I get stiffed I'd be pretty surprised, but I take that risk knowingly.
An Update: I have now paid out $4864 to 9 different bettors. From this point on I will only be accepting offers with at least 150:1 odds. I would love to make more bets, so feel free to reach out with offers at any point. Thanks to everyone who has already finalized bets with me.
I'm willing to pay out a maximum of $800,000 USD for a 200:1 bet of $4k. I'll pay out at 666:1 if the biologic pilots are confirmed to be supernatural in origin, ex. demons or angels.
This sounds like the opening premise of a fun TV show or film.
UFO believer makes big bet with (for the sake of TV) one very rich person. Then heads out on an epic road trip in a camper van to find the alien evidence. A reporter covers the story and she starts travelling with him sending updates back to her paper. Obviously they fall for eachother.
They have various fun adventures where they keep encountering unconvincing evidence, or occasionally super-convincing evidence (UFO flys by) that they comically fail to catch on camera. Meanwhile the rich person on the other side of the bet becomes a villain, sending a hench-person to cut the tires on their van, get them in trouble with the police and generally obstruct the process.
We're still doing this? Fine. No need to arrange any odds or payment methods or your bankroll limits, I'm willing to just commit my money:
In 5 years, if it has become a scientific consensus that any of the past UFO observations are extraterrestrial intelligent aliens, I will straight up just send $1,000 to any place Tyler Cowen or Robin Hanson† or RatsWrongAboutUAP choose.
(If space aliens are semi-consensus and I weasel out of it anyway, then you will have to settle for laughing at me online.)
While we're on the topic: in addition to the NY Post expose on the toxic stew of fraud, quasi-embezzlement, abuse of classification, echo chambers, and misinterpreted Chinese spy balloon references (carrying water for a dictatorship), which manufactured most of the recent UFO craze, today the NYT has a profile of Avi Loeb which helps explain where a lot of this UFO noise is coming from: rich old techies subsidizing intellectual hobbies (perhaps due to deep emotional attachment to the belief there must be biological aliens like us out there, we have to be going to the stars, it can't just be that we're going to get to AGI and render the whole thing moot). In addition to Yuri Milner, whose...
I don't know what assumptions the OP has, but don't forget the simulation argument: If you think we are heeded for super intelligence, then the following all become more likely:
I'd take a bet at 1:50 odds for $200. I'm happy to let the LW community adjudicate, or for us to talk it over. I'm currently at something like 5e-5 for there being UFOs-as-non-prosaic. So I don't think I'd be that hard to convince.
I bet RatsWrongAboutUAP $200 at 50:1 odds against us both assigning >50% odds for a non-prosaic explanation for UFOs within 5 years from today. He agreed, and I have received the money. We'll try to adjudicate the bet ourselves, or failing that, ask the LW community, or whomever is suitable, to adjudicate matters.
So I could get 0.5% of the committed payout right away, but would have to avoid spending the committed value for 5 years, even though the world could change significantly in a lot of non UAP-related ways in that time frame. That's not actually that attractive.
This is to publicly confirm that I have received approximately $2000 USD equivalent.
Unless you dispute what timing is appropriate for the knowledge cutoff, I will consider the knowledge cutoff for the paradigm-shattering UAP-related revelations for me to send you $100k USD to be 11:59pm, June 14, 2028 UTC time.
The whole idea conflates refusal to accept the bet for reasons that apply to bets in general, with refusing to accept the bet because you're not really confident that UFOs are mundane.
It's easy to explain why people who hold beliefs for signaling purposes don't want to bet on those beliefs. It interferes with getting status points by exposing bullshit.
I can't give you an exhaustive list of the problems I have with betting, but some reasons:
Properly phrasing a bet is difficult, like writing a computer program that runs perfectly the first time, or phrasing a wish to a genie. I'm no good at avoiding loopholes, and there's no shortage of rationalists who'd exploit them as long as they can get a win. And just saying "I won't prey on any technicalities" isn't enough without being able to read your mind and know what you consider a technicality.
Betting has social overhead. This is the "explain to your parents/wife/children why you bet this money" scenario.
Some people value money differently than I do. Some people just have glitchy HumanOS 1.0 which leads them to spend money irrationally. Some people are just overconfident. If I bet against such a person I may win money in be an overall winner after X years, but until the X years are up, I'll have essentially lost the argument, because my opponent was willing to spend money--there must be some substance behind his argument or he wouldn't do that, right?
As others have pointed out, it's a bad idea to trust random people on the Internet to pay me money in X years. "I ha
I will predict that no bet with significant stakes (say, over $200 from the poster) gets made. This is a stunt, and the terms (of resolution and collection) are way too loose to be useful.
update a few days later: an established (ish - 6-month history, with quite a few comments and karma. @simon.) poster has confirmed that approx $2000 payment was received. Something weird could still be discovered, but this raises my estimate of legitimacy from ~15% to ~70% (had thought as high as 85% until I realized that it's $100k agreement for simon t...
If you were offering, say, $100K at 5:1 odds, I would be very inclined to take it, despite the risk that e.g. next month's X-Day finally delivers, because that would let me set in motion things that, according to me, have their own transformative potential. But I'm not sure about the value of these smaller sums.
This is a very interesting topic, since from my own perception there is a high market inefficiency regarding this topic, and the lack of international press around the recent developments on the USA Congress UAP hearings.
I'll bet. Up to $100k of mine against $2k of yours. 50:1. (I honestly think the odds are more like 1000+:1, and would in principle be willing to go higher, but generally think people shouldn't bet more than they'd be willing to lose, as bets above that amount could drive bad behavior. I would be happy to lose $100k on discovering aliens/time travel/new laws of physics/supernatural/etc.)
Happy to write a contract of sorts. I'm a findable figure and I've made public bets before (e.g., $4k wagered on AGI-fueled growth by 2043).
I am concerned for your monetary strategy (unless you're rich). Let's say you're absolutely right that LW is overconfident, and that there is actually a 10% chance of aliens rather than 0.5. So this is a good deal! 20x!
But only on the margin.
Depending on your current wealth it may only be rational to take a few hundred dollars worth of these bets for this particular bet. If you go making lots of these types of bets (low probability, high payoff, great EXpected returns) for a small fraction of your wealth each, you should expect to make money, but if you ma...
Out of curiosity, is there anywhere you've written about your object-level view on this? The EY post fleshes out what I would call strong consensus on LW thoroughly, is there some equivalence of this that you've put together?
Congratulations, you have entered into the legendarium @RatsWrongAboutUAP. I fully agree with you and think you will win big here. I have been trying to create a bet with Eliezer since 2021 on this same issue (I have receipts) but could not word the criteria as elegantly as you did. Now, what I wanted to comment on was expanding on one of the criteria.
The Breakaway Group. This example may not fall under any of the previous explicit examples: they are still human, they are not an ancient civilization, they are not time travellers. The Breakaway Group repres...
Happy to bet $40k at 110:1 20:1 odds ($364 $2k). (Edited Sep 2023; previous bets confirmed at previous odds.)
USDC ERC-20 (Ethereum): (address removed for privacy, please DM if you want to trade more)
USDC Polygon: (address removed for privacy, please DM if you want to trade more)
(Edit 23 June 3:45 PT): I'm only willing to bet assuming that AGI-created tech doesn't count for the purposes of this bet—it has to be something more supernatural than that.)
What if UFO are indeed really weird, but this will not shake LW belief system as it will be easily retrospectively explained: e.g. 'we always know that acausal cooperation between glitching streams in dust theory will produce Bayesian artifacts with low apriori probability but also unprovable in classical statistic sense'.
On further edit: apparently I'm a blind idiot and didn't see the clearly stated "5 year time horizon" despite actively looking for it. Sorry. I'll leave this here as a monument to my obliviousness, unless you prefer to delete it.
Without some kind of time limit, a bet doesn't seem well formed, and without a reasonably short time limit, it seems impractical.
No matter how small the chance that the bet will have to be paid, it has to be possible for it to be paid, or it's not a bet. Some entity has to have the money and be obligated to pay it out. Arranging fo...
Hm, I don't feel confident enough to place huge odds on none of these things being the answer (besides, the losses may appear deceptively smaller than they are; if you think $20,000 are a lot, try "$20,000 and having to explain to your wife why you lost $20,000 in a bet, all the while aliens may be attacking Earth"). I think the thing that really peeves me is running to "aliens" as the first exotic explanation as some do. If I witnessed something really unbelievable and seemingly breaking all laws of physics, and had plenty of evidence that it's not just a...
Are you confident in your current ontology? Are you convinced that ultimately all ufos are prosaic in nature?
If so, do you want some immediate free money?
I suspect that LW's are overconfident in their views on ufos/uap. As such, I'm willing to offer what I think many will find to be very appealing terms for a bet.
The Bet
Essentially, I wish to bet on the world and rationalists eventually experiencing significant ontological shock as it relates to the nature of some ufos/uap.
Offer me odds for a bet, and the maximum payout you are willing to commit to. I will pick 1+ from the pool and immediately pay out to you. In the event that I ultimately win the bet, then you will pay out back to me.
I'm looking to give out between $5k-10k, but depends on what kinds of offers I get, could be more or less.
The Terms
Resolution Criteria
Two Worlds: All-ufos-are-ultimately-prosaic, and Not-all-ufos-are-ultimately-prosaic. I win the bet if we come to believe we likely live in the latter world. I win the bet if the ufo story ultimately gives us LW's a significant ontological shock. I win the bet if the ufo story ultimately causes the LW community to stop, melt, and catch fire. I've found it difficult to precisely nail down how to phrase this, so I hope its clear what kind of criteria I'm trying to get at.
Examples of things where if we come to believe at least one of them likely explain >0 ufo/uap cases, then I win the bet:
Important Note: The bet resolve in my favor if we think that one of the "weird hypotheses" is likely (>50%) true, NOT that we are confident in which specific explanation is true. Essentially, the bet resolves in my favor if we agree with the statement: "Whatever these most perplexing ufo/uap cases represent, they are likely something beyond our current paradigm"
Further Details
If these terms are acceptable, please make an offer and maximum payout amount. I will select from available offers as I see fit. I would prefer to pay out in bitcoin/eth but can work with you for another method.
Cheers :D