(No, this isn’t a clickbait title. The unprecedented part is technically interesting and legit can’t be compressed into a headline.)

First, some background. If you’ve been following mainstream media coverage of /r/WallStreetBets and the wildly swinging Gamestop stock, you may not be aware that /r/WallStreetBets has a Plan at all beyond “Let’s all buy the stock to pump it up, making all of us rich.”

But /r/WallStreetBets has a Plan — a Plan which doesn’t rely on there being a greater fool to buy at a higher price. I was quite surprised, when I first looked into the affair yesterday…

Eliezer Yudkowsky

Writing about things of no ultimate importance. If it was important it'd be on intelligence.org or lesswrong.com.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store