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Ep. 461: Robin Hanson Interview with Michael Covel on Trend Following Radio

Robin Hanson
Robin Hanson

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My guest today is Robin Hanson, an associate professor of economics at George Mason University and a research associate at the Future of Humanity Institute of Oxford University. He is known for his work on idea futures and markets, and he was involved in the creation of the Foresight Institute’s Foresight Exchange and DARPA’s FutureMAP project. He invented market scoring rules like LMSR (Logarithmic Market Scoring Rule) used by prediction markets such as Consensus Point (where Hanson is Chief Scientist), and has conducted research on signalling.

The topic is his book The Age of Em: Work, Love and Life when Robots Rule the Earth.

In this episode of Trend Following Radio we discuss:

  • Singularity
  • Robots taking over
  • Artificial intelligence
  • Slavery
  • Reversible computing
  • Virtual reality
  • Future of politics
  • Democracy in the future

“As an economist and a social scientist I often analyze the world as if nobody is in charge. As if it is not a matter of people voting on it, it is a matter of people doing lots of little things in local self interest that end up accumulating into the net effect that we all see.” – Robin Hanson

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Ep. 236: Robin Hanson Interview with Michael Covel on Trend Following Radio

Robin Hanson
Robin Hanson

My guest today is Robin Hanson, an associate professor of economics at George Mason University and a research associate at the Future of Humanity Institute of Oxford University.

The topic is outside the box economic perspectives.

In this episode of Trend Following Radio we discuss:

  • Prediction markets
  • Vernon Smith and coming up with the “why” for booms and busts
  • Dealing with a complex world based on our limited abilities
  • Steering towards humanity’s future
  • Hanson’s physics background, and how he came to where prediction markets became a passion
  • How prediction markets can make us pay more attention to the truth
  • Hayek and Mises, and some of their thinking early on
  • What taboos and idealogical beliefs might stop one from making optimal decisions
  • If people have employed particular trading strategies to the prediction markets
  • Stop losses as information and as risk preference
  • Setting up a market to bet on geopolitical events in the Middle East, and the controversy based around that
  • Why DC politicians often cannot handle the research Hanson does
  • Why Hanson has elected to have his head cryonically preserved after medical death based on a cost-benefit analysis

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