RE: mamot.fr/@pluralistic/11628388…

"Markets are absolutely capable of inducing reward hacking in participants. The metric becomes a target. You think you're betting on the outcome of an event, but what you're really betting on is what an oracle will say the outcome was. No matter what the outcome is or how robust it is against outside influence, the oracle can be influenced with a gun to the temple..."

If you're greedy & have no moral compass, reality is nothing by an inconvenience.

#capitalism #business

Cory Doctorow (@pluralistic@mamot.fr)

Attached: 1 image The most selectively believed-in verse in the conservative catechism is the idea that "incentives matter." -- If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.

^{Cory Doctorow (Mamot - Le Mastodon de La Quadrature du Net)}