Pascal’s Market

In investing, higher volatility usually equates to higher possible returns. In today’s world of online expression, we settle for lower expected value, market-level outcomes so as to not ruffle any feathers and not take any outsized risk. We’re basically hoping to allow people to know us enough so that they include us in their passive index of human... See more

The notion of epistemic sanctions clarifies what we might really mean by “consensus” in the context of public discourse — universal mutual listening , rather than universal agreement.

“Universal mutual listening” happens when publishers compete on the basis of trustworthiness, instead of on the basis of ‘facts.’

Competing on the basis of ‘facts’ most

... See more