And one last thought I have is that the incentives news has to be negative seem to be quite bad. If there were a tractable intervention to mitigate these incentives maybe that could do a lot of good.
Yeah, really interesting thanks for sharing. The incentive structure here seems to be a pretty nice clean loop where a better world model actually does predict more accurately something that matters (better financial news, benefits readers more directly—vs maybe the incentive with other news sources is more meta/abstract—agreeing with your community and being up to date)
And one last thought I have is that the incentives news has to be negative seem to be quite bad. If there were a tractable intervention to mitigate these incentives maybe that could do a lot of good.
Bloomberg/Thomson Reuters/etc generate more revenue than most newspapers providing market data (with seemingly better incentives): https://www.investopedia.com/articles/investing/052815/financial-news-comparison-bloomberg-vs-reuters.asp
Yeah, really interesting thanks for sharing. The incentive structure here seems to be a pretty nice clean loop where a better world model actually does predict more accurately something that matters (better financial news, benefits readers more directly—vs maybe the incentive with other news sources is more meta/abstract—agreeing with your community and being up to date)