Forecasting is Way Overrated, and We Should Stop Funding It
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Summary EA and rationalists got enamoured with forecasting and prediction markets and made them part of the culture, but this hasn’t proven very useful, yet it continues to receive substantial EA funding. We should cut it off.My Experience with ForecastingFor a while, I was the number one forecaster on Manifold. This lasted for about a year until I stopped just over 2 years ago. To this day, despite quitting, I’m still #8 on the platform. Additionally, I have done well on real-money prediction m
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