Live data from Hacker News

How Kalshi Infects the News

publicnotice.co

191–200 of 202 posts

Re: How Kalshi Infects the News

#191

We are reaching a new post-rational or neu-rational stage of our society which i think many HNers and educated people will find deeply uncomfortable The difficult truth is that as we've engeineered our society over the last 50 years into more and more deterministic outcomes, and began to assign morality itself TO determinism. Where in we've reached a point where when we must face that life is probablistic (i.e. gambl…

Wow this is a very weird way to mash a bunch of principles and ideas together to sound smart, but not actually say anything.

Whenever I see a comment like this I think… is this a person who is just incapable of admitting they don’t understand something.

This isn’t a hard concept. Life is highly indeterministic. But we’ve assigned moralism falsely to your ability to make it seem more deterministic than it is. Jeeze my guy. Think.

Re: How Kalshi Infects the News

#192

It's funny, the only place I see Kalshi mentioned is here on HN for articles about how bad Kalshi is. Same for all the sports betting sites. I'm sure they are all bad, but damned if I never encounter them outside of HN.

they run ads in the current World Cup for example, greatly increasing their exposure I reckon. Although might not matter, I am assuming they do not operate outside of North America

Re: How Kalshi Infects the News

#193

Earlier quoted context omitted.

People who say they use gambling to "dream" or "Hope" are just coping. You don't have to spend a single penny to dream or hope some sort of better outcome for yourself in the next few days that has much better odds than winning the lottery. They just like gambling.

> They just like gambling. So why to people suffering from poverty like gambling so much more than everyone else?

Because it's the only possible way out for them.

Re: How Kalshi Infects the News

#194

Earlier quoted context omitted.

It begins with hierarchy Others have offered contrived rules for solving it through policy, but these don't account for how to get those with power over us to institute such rules to bind their own hands and then to follow the rules to their own detriment

I'm curious. Can you flesh out what it begins wirh hierarchy means?

Try reading Graeber/Wengrow

Re: How Kalshi Infects the News

#195
post #96

Earlier quoted context omitted.

Just start a small business, or build wealth through real estate is a take that indicates some severe divorce from the reality of poverty in America. You need both capital (which folks don’t have access to) and the ability to absorb risk (which folks don’t have access to). Similar advice is in the vein of just stay with your parents for free, have a relative invest $50,000 in your business to start it up. This runs c…

Upward mobility still occurs in the US, at all levels. While the advice is difficult, almost impossible, for most to apply, it is sometimes applicable. One of the main issues is that a lot of advice is presented as an unconditional, absolute guarantee to success. A college degree was never a guarantee of future success (contrary to great-grandparent's assertion), but the push to get everyone to get a college degree h…

> Similarly, the ability to start your own business is difficult for most people

Ah right, after a 14 hour shift you've left your car half way as that was how far she could take you. You are now on your knees with the god of all migraines, around you are small mountains of laundry as you fail to repair the washing machine while your ramen gets cold. Your mind locked in a loop, if I pay this bill how will I buy food, I need to pay this bill, I need to buy food. Then POOF suddenly it strikes you that you could start your own business. Adrenaline rushes though your veins. The whole business lasts about 20 seconds before you wake up in the laundry, shit what time is it, fk I have to walk to work.

Re: How Kalshi Infects the News

#196

Earlier quoted context omitted.

This is why immigrants are often the most exemplar people of the American Dream today. Most of the people today pushing socialist or communist agendas are not these immigrants, but instead children of very wealthy company owners that only saw a downward trend from their parent's trajectory. It's from that privileged that they found fighting for other people their cause. However it's misguided and they don't even unde…

> And they don't understand that most people just want a meaningful job, not handouts and not free stuff. Wanting my tax dollars to go to children who can’t access food is not begging for a handout - you’re repeating middle school Republican propaganda at this point. I’m a success story, but unlike you I’ve developed some empathy for the very real cycle of poverty I myself got out of, instead of the jingoistic “just…

> Has it improved the world for the average person or made it worse?

Capitalism has VASTLY improved the world for the average person. A lot of the things you're doing are becoming the nanny for other people. That cripples their future. Instead of letting people become the best they can be, they will languish in average or low because the safety net allows them to just sit. This cripples countries and it destroys working ethic. I am not advocating for cutting protections for disabled people, but right now able bodied people are just sitting back and being victims.

https://www.youtube.com/watch?v=h7n6injw8GI

Re: How Kalshi Infects the News

#197
post #7

The unprecedented era of gambling on literally everything everywhere is an absolute cancer on society, made completely legal by absolute greed and degeneracy at the highest levels of government. I don't know how we put this genie back in the bottle (amongst many detrimental genies).

It may take awhile, but it ends by voting in political candidates that actually care about combatting greed and corruption again

How does that even work in a democracy that has systemic flaws, where the elections boil down to which candidate had the most financial support? USA's democracy is beyond fixing, it needs a complete refactoring amd stronger checks before elections of both candidates and officials become meaningful for regular citizens.

Re: How Kalshi Infects the News

#198

The unprecedented era of gambling on literally everything everywhere is an absolute cancer on society, made completely legal by absolute greed and degeneracy at the highest levels of government. I don't know how we put this genie back in the bottle (amongst many detrimental genies).

Society needs to rediscover the idea that not all moral judgements are religious in nature, and in many cases are just basic pragmatic ones. The bans on gambling were often framed in Christian terms, so as society became more secular, they were undone. Now they probably need to be re-added with practical reasoning.

I'm not buying that. We know vices are bad not because they're immoral, but because they are harmful to the self and others. Knowing what's harmful doesn't require imaginary superadults, just common sense.

Re: How Kalshi Infects the News

#199

Earlier quoted context omitted.

> And they don't understand that most people just want a meaningful job, not handouts and not free stuff. Wanting my tax dollars to go to children who can’t access food is not begging for a handout - you’re repeating middle school Republican propaganda at this point. I’m a success story, but unlike you I’ve developed some empathy for the very real cycle of poverty I myself got out of, instead of the jingoistic “just…

> Has it improved the world for the average person or made it worse? Capitalism has VASTLY improved the world for the average person. A lot of the things you're doing are becoming the nanny for other people. That cripples their future. Instead of letting people become the best they can be, they will languish in average or low because the safety net allows them to just sit. This cripples countries and it destroys work…

I'm not arguing against the improvements to the average person in the last 100 years, but I am saying the system that exists TODAY produces poverty, desperation and homelessness on the bottom end, and massive wealth to the top, and a hollowing out of the center, and that we should do something about it. Its easy to argue that it was the worker protections and safety that enabled the economy and the middle class. Since 1979 worker productivity and wages have diverged, and all the resources have funneled to the top.

> Instead of letting people become the best they can be, they will languish in average or low because the safety net allows them to just sit

We're not concerned with people being the best we can be. Else education wouldn't be on a shoestring budget, housing costs wouldn't force two parents to work with no pre-k childcare, our colleges wouldn't cost 10x that of other countries many of which are free, we'd provide healthcare not tied to employers so that people could take risks, we'd mandate maternity and paternity leave for parents so that they can bond with their children instead of leaving them with attachment disorders.

People are undeveloped for those reasons - it costs a lot of money and society is filled with middlemen maximizing the profit of every single human need. Our birth rate is horrible because its expensive, there is little hope for a better future, and there is no support within the country to have kids. We have a massive child poverty problem, and we can't even fund school lunches.

If you cared about people being the best, you'd care about that, not making sure that everyone gets punished. The system benefits business owners and investors, and everyone else serves them.

> I am not advocating for cutting protections for disabled people

Yet protections and programs continue to be cut!

Re: How Kalshi Infects the News

#200
post #131
post #96

Earlier quoted context omitted.

Just start a small business, or build wealth through real estate is a take that indicates some severe divorce from the reality of poverty in America. You need both capital (which folks don’t have access to) and the ability to absorb risk (which folks don’t have access to). Similar advice is in the vein of just stay with your parents for free, have a relative invest $50,000 in your business to start it up. This runs c…

If you try hard enough you can always find a plausible sounding excuse why failure is inevitable. And yet on Saturday at the neighborhood Independence Day party I met a guy who immigrated from Ukraine about 25 years ago with no money, no college education, no family support, and no English language skills. Instead of complaining he just went to work and while not exactly wealthy he's now doing fairly well as an elect…

> you can always find a plausible sounding excuse why failure is inevitable.

Exactly! This is the mind set. So tell me, how do you progress when you are there?

Or even better, now that we've accumulated many people conditioned by streaks of failure, how do we maximize their productivity and tax revenue? Should be an easy question for you :)

Post reply on HN