For the Perpetual Futures arbitrage, the return on investment is sensitive to the price difference between the future and the underlying asset. A price difference of 0.3% is needed for 10% returns per month (since 1.1^(1/30) ≈ 1.00318), while a price difference of 0.1% only gets 3% per month. I went on Binance and checked the spot price vs. the futures price for a moment in time; it was about $50 difference for BTC, or 0.085%.
So I am convinced that it's profitable to arbitrage crypto futures; I predict the rate of return for the next 12 months at 10% - 40%... (read more)
A week ago I recorded a prediction on AI timeline after reading a Vox article on GPT-3 . In general I'm much more spread out in time than the Lesswrong community. Also, I weigh more heavily outside view considerations than detailed inside view information. For example, a main consideration of my prediction is using the heurastic With 50% probability, things will last twice as long as they already have, with the starting time of 1956, the time of the Dartmouth College summer AI conference.If AGI will definitely happen eventually, then the heuristic gives us... (read more)
For example, a main consideration of my prediction is using the heurastic With 50% probability, things will last twice as long as they already have, with the starting time of 1956, the time of the Dartmouth College summer AI conference.
A counter hypothesis I’ve heard (not original to me) is: With 50% probability, we will be half-way through the AI researcher-years required to get AGI.
I think this suggests much shorter timelines, as most researchers have been doing research in the last ~10 years.
It's not clear to me what reference class makes sense he... (read more)
I think the Metaculus crowd median is among the highest-quality predictions out there. Especially when someone goes through all the questions where they're confident the median is off, and makes comments pointing this out. I used to do this, some months back when there were more short term questions on Metaculus and more questions where I differed from the community. When you made a bunch of comments of this type a month back on Metaculus, that covered most of the 'holes', in my opinion, and now there are only a few questions where I differ ... (read more)