Open thread for December 9 - 16, 2013

Game theory is about strategies, not about values. It tells you which strategy should you use, if your goal is to maximize X. It does not tell you what X is. (Although some X's, such as survival, are instrumental goals for many different terminal goals, so they will be supported by many strategies.)

There is a risk of maximizing some X that looks like a good approximation of human values, but its actual maximization is unFriendly.

Austrian school economics, in its reliance on allowing markets to come to equilibrium on their own, is inhuman

Connotational o... (read more)

OK, I think I was misunderstood and also tired and phrased things poorly. Game theory itself is not a bad thing; it is somewhat like a knife, or a nuke. It has no intrinsic morality, but the things it seems to tend to be used for, for several reasons, wind up being things that eject negative externalities like crazy.

Yes, but this seems to be most egregious when you advocate letting millions of people starve because the precious Market might be upset.

Open thread for December 9 - 16, 2013

by NancyLebovitz 1 min read9th Dec 2013377 comments

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If it's worth saying, but not worth its own post (even in Discussion), then it goes here.