Probably related to this thread, but I thought it needed it’s own thread. Is MMI Magic, or is Magic MMI? - #2 by ScottWilber
So I’ve had the idea posed to me by a friend, about using my “temporal-lib” to predict future trends for crypto-trading. I’m not into trading at all, as it seems a way to either lose money or you have to dedicate your life to it… having no time to do other productive things. I’m sure some traders manage to be productive outside of trading though, but I couldn’t.
So anyhow this brings up a lot of interesting questions…
Is it even possible? I remember Scott Wilbur (our MMI inspiration in many ways) talked about winning on slot machines using an “ME-trainer”, but now that I re-read the thread, it seems the gains were statistically-impressive but small in amount, because you should be losing 7% each spin on average.
I wonder if there is some kind of deeper truth behind that. It seems like a “cheat-code” the idea that “you can predict future events to gain some advantage” and “just make easy money” seems too easy.
Let’s say MMI COULD be used to predict future-stocks… Whats to stop everyone using it? Now… the future is no longer predictable. It becomes an arms-race that makes things harder for newcomers.
Secondly… by nature the output is random. So if I have some stocks (or any list of quantitative values), listed by “how much money I think these will gain me”… well that list came from some algorithm. Adding randomness to it, will lower the effectiveness of the algorithm. It is like sorting a list of cards and slightly randomising it, you won’t be picking out the “top-card” anymore.
Randonautica works because it is more about “play”. That is… to show you deep or interesting things (Hopefully) that have meaning to you. It’s more about “allowing some higher forces, or perhaps a deeper part of yourself” to guide you to give you insights or some kind of coincidences.
It’s not so much about “OK find me the location of some buried treasure”. Although the quantum-predictor seems to have some sense of humour involved, so “buried treasure” may end up giving you a buried plastic-toy-chest or something. Either way it’s still “play”.
Let’s say some “spirits” are working to guide the randomness… and some of them “lead you to some money”. They aren’t gonna be doing that for nothing, they want something back. It kind of seems like a “deal with the devil” kind of thing. They might even give you initial wins to “keep you addicted” then trail off the rewards.
OK well my question for Scott (thanks so much for being here!) is…
- Why did you stop using the ME to predict slot-machines. Is the gain not worth it?
- What if you played a game that was more balanced, like black-jack or roulette? Would you have gained a lot?
- If you COULD make large-gains, do you think “something else” would step in to stop you? Some kind of “Deeper law of nature” expressed by real-world events?
- Do you think big-banks are already using quantum-systems to predict future events, and could MMI be a way to “level the playing field”?
- What do you think are the limits or bounds around using MMI for “Gains over others” (money/resources).
I know I’m putting a lot of “doubt” on the whole thing, and I don’t mean to do that. I do think MMI is definitely “The way forward” for tech in a large way. But I think the main applications haven’t yet been found. Probably we’d want it for some kind of AI where the AI can sense things about the world…
Thanks for anyone who wants to listen or answer!!