Connor McCormick ☀️ pfp

Connor McCormick ☀️

@nor

2228 Following
63753 Followers
Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
Don't let this depress you https://chatgpt.com/share/6769a846-29c0-8010-bdcc-6157e2903f85
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
Live your life as though you have hundreds of historians poring over your every letter. And then you will
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Paragraph pfp
Paragraph
@paragraph
Discover the intriguing concept of index wallets and their potential to tackle governance's value problem. This idea calls for a new approach, merging markets and currency value to better reflect collective objectives. Kyle Guntle shares insights inspired by Connor McCormick. Check it out! @nor
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
Why we're building on crypto. You might dislike this one https://paragraph.xyz/@ngi/why-crypto
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
Why are they Mormon?
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
That final move is massive
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
Do cristin and I count as edited if we changed the background?
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
The real world scottpreneur
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
Had a great time shilling the /regen token and talking about index wallets at devcon's regen village https://youtu.be/w7lydsdmC1M
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
100 ppl thinking climate change is bad is orthogonal. what matters are 1. what are the likely costs borne by whom 2. how confident are we in those costs > The reason being is that you can't create a feedback loop for information provisioning in the market that is more profitable than selling products in the market (while creating externalities) my claim is that you can! this is why I'm excited about epistemic leverage. What's your approach to addressing it if you aren't thinking you address it by way of a scarcity-based mechanism?
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
I'm dubious that B Corps get us there. When running a company you quickly learn that either ppl get paid or they get out. The bottom line is persuasive, we should work with it rather than against it.
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
agreed I think on most of this, though I think we should try to continue to accelerate knowledge. we're irrevocably on an exponential wave and it's either learn to surf or get chundered
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
I think 1) markets are just a type of consensus mechanism 2. it's possible to upgrade markets so that they can fund information provision c: it's possible to create epistemically sensitive financial contexts (so more than plutocracy / money wins) See volky's post on this https://x.com/volkyeth/status/1863281120927760692
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Connor McCormick ☀️
@nor
🫡 yellow-bg unite
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meta-david🎩 | Building Scoop3 pfp
meta-david🎩 | Building Scoop3
@metadavid
OMG, I was actually literally talking about this at lengths yesterday. I could not agree more. Unpriced externalities is a major problem and a source of discourse in the world. When there’s a source of tension between parties, at its core, the issue is one party bearing a perceived disproportionate consequence of another’s (hence, unproved externality). (I don’t expect this cast to get any replies or likes, and that’s OK, haha)
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
The problem with markets today is that they cannot do this for a single simple reason: the context markets create is one that incentivizes the maintenance of private information. To reveal information about how the world works is to give up potential future profits — alpha in the language of finance quants. This is exactly the problem that the negation game seeks to solve: by upgrading markets such that players can be paid for the revelation of information (both *model information* and *state space information*) the negation game is capable of enabling markets to arrive at shared stories of how the world works — such that public goods can be funded or externalities priced — or to fund the resolution of disputes about how the world is or how it works. If we succeed we'll have upgraded our economic structures such that entirely new and lucrative markets are addressable.
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
Trying something new: casting long thoughts into the void. Tell me I'm wrong The primary problem the world faces is that of unpriced externalities. Firms are excellent at finding opportunities to provide goods to customers, but in their rush to remain competitive we frequently find them heaping costs they incur onto the shoulders of people and planet, rather than paying for it themselves. Fundamentally, this is a market inefficiency like any other, and it's a problem that all prior organisms have solved, humanity as an organism is now on the precipice of being able to solve it ourselves. The heart of the problem is this: in order to be able to address the problem of externalities all actors must come to a shared understanding of the costs. In other words, they must come to tell a shared (and true) story about how the world works and the consequences of an action in it.
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
Financial and legal / governance apparatuses (apparati?) must learn to speak the same language
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
Sychophancy not a good look
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
New essay https://paragraph.xyz/@nor/info-market-overton written by @volky.eth who you should follow because he is smarter than you
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