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Futurists! – Earn $$$ Now!

February 16th, 02008 by Simone Davalos

I’ve Stumbledupon (quite literally) a interesting looking site called Predictify.

Predictify seems to be combining social networking, message board discussion, pay-per-post business models and Wikipedia-style collective wisdom into a harmonious online community of eager questioners and knowledgeable, astute predictors, all united to discuss deterministic questions about the future, share knowledge, and act on the results.

Because mob rule *totally* works on the internet.

predictify.jpg

With Predictify, registered users can read questions posed by questioners, pose their own questions, predict answers, and repeatedly smack down internet smart-alecks who try to use the site for betting, insider trading, and making off-color predictions about their dorm roommate’s luck with the opposite sex during the upcoming weekend.

Theoretically, predictors also get paid every time their predictions are correct. Questioners can pay a premium based on the number of responses which in turn entitle them to collect value tables for a given question, collect larger data sample sets and keep a running tally of private data if they so desire. The pot is shared out among the predictors who nailed the question most accurately and soonest, according to rank, expertise level, phase of the moon, etc etc.

The site includes live news feeds relevant to the question being discussed. Gimmicks like community points, reputation rankings, and “private prediction environments for you and your friends” trigger that social network addict’s instinct to refresh the page every thirteen seconds.

The truly dedicated Predictify player, if enough time and energy were invested, could find themselves joyously sucked into in an interdisciplinary morass of statistics, arcane behavioral controls, incompatible social networks, philosophical conundra, high level mathematics and a steadfastly erratic human element, which make the site reminiscent of the game Eschaton from David Foster Wallace’s novel Infinite Jest, in that play is aided by the ability to quickly master advanced game theory and do the metaphysical equivalent of pegging small objects with tennis balls with deadly accuracy.

Since this is what we do for fun around here at The Long Now, it sounds like a grand time to me.

This entry was posted on Saturday, February 16th, 2008 at 5:23 pm and is filed under Futures, Long Bets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Futurists! – Earn $$$ Now!”

  1. Sequoia Hax Says:

    Posted on February 21st, 2008 at 8:31 am

    ooh, interesting! in the Long Now, would Predictify generate more accurate predictions than Long Views because it leverages social networking? i.e. would Predictify be more accurate because it has self-conscious networks (vs. loose collections of individuals) communicating about their predictions?

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