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Joined 17 days ago
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Cake day: August 6th, 2026

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  • 5318008@lemmy.mltoMicroblog Memes@lemmy.worldThis HAS to be satire
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    2 days ago

    A left turn lane, a right turn, and a through lane is normal?

    No. No it’s not. That’s a design for a major artery, not for every single street with shops on it. If you grew up in the United States, and haven’t traveled, I’m afraid to tell you that you’ve never seen good road infrastructure in your life.







  • 5318008@lemmy.mltoMicroblog Memes@lemmy.worldPasta brew
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    3 days ago

    If I understand correctly, the result of this process was coffee-flavored oatmeal, with no cream or sugar?

    I also do this, by pouring hothothot coffee over some oats to soften them. It’s a lot better if you add something sweet, though, like dates, coconut cream, maple syrup, etc.



  • OK, let’s see the evidence for that assertion.

    Using prediction markets to estimate the reproducibility of scientific research - PMC

    There’s one.

    But obviously it’s not a guarantee if you don’t know what you’re doing. We also have documentation on where these methods fall short, such as when it’s based on exponential growth, rare events, or something else that humans are bad at understanding. Infectious Disease Forecasting.

    But again, good statisticians are prepared to address those things.

    And you have no idea of the mechanisms that shape that market.

    That’s even better. If I don’t understand the mechanisms shaping the market, I won’t be able to correctly identify predictive variables for my model. In that case, I would be better off trusting the prediction market.

    Obviously it would be better if the person building the model understood the mechanisms… but that takes time and money. If you’re managing 30 models, that might not be worth it.


  • 5318008@lemmy.mltoNot The Onion@lemmy.worldWho wants to fuck with Elon Musk?
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    5 days ago

    If the contract isn’t something that meets the criteria for an efficient market, then yeah, it’s not something that can be used to give reasonable probabilities.

    But for something like, winner of the democratic presidential primary, or the proce of gold in a month… then it’s genuinely a better predictive model than what a statistician would be able to come up with.

    It doesn’t provide anything beneficial to anyone but its owners.

    For statistics purposes, it gives me something incredibly beneficial. Simply by knowing the price of a contract, I can know with decent accuracy how likely something is to happen.

    If you’re not in the field, you wouldn’t necessarily appreciate how valuable that is.


  • Well, it’s the aggregated opinion of people who use the site. Kalshi doesn’t set the price; people making the bets set the price based on the odds others are willing to accept.

    There’s a sampling bias for sure, but since the odds given for this bet are based on how much people are willing to pay for that bet, this gives a very good approximation for how people actually feel about something.

    It actually ends up being more reliable than most opinion polls in that way.