I had no idea WebMD was taken this seriously. Can I recommend to HNers especially across the pond to use the excellent NHS.UK instead, for level-headed and concise medical info.
Q. What if I take too much?
A. (for aspirin) Taking 1 or 2 extra tablets is unlikely to be harmful. (for warfarin) If you take an extra dose of warfarin, call your anticoagulant clinic straight away.
This convinces me it's not that WebMD is a tragedy of legible expertise, but that WebMD is incompetent.
However it wouldn't surprise me if the NHS took on that task itself. Unlike WebMD, the NHS is also responsible for prescribing medications and would need to give their doctors and pharmacists up-to-date information, software and guidance for prescribing. Their scale and scope would allow them to take on this task in a way that makes less sense in the US system, where insurance providers, doctors, pharmacies and online health information are all separate entities with separate budgets/funding.
Most important perhaps is that new media like Substack are in direct competition with traditional newpapers like the NYT. Coase's great insight (in: The Nature of the Firm, 1937) was that firms exist in order to reap economies of scale. Traditional newspapers reaped economies of scale from printing, paper distribution, subscriber and advertiser management. Essentially all of this is gone. What modern newspaper scale on is branding, and and selling influence, but this is in direct contradiction with strong journalists' interest (who do not like to be told by their editors what to write and how). Until recently, top journalists could not go alone, since they lacked the expertise to handle monetisation of their writing. This changed with the likes of Substack, which centralises (automates) subscriber management, and technical infrastructure, but without editorship. Hence, top writers are increasingly moving away from traditional newspapers to something like Substack, with Greenwald and Scott Siskind being two high-profile examples. They won't be the last.
Newspapers see the writing on the wall and fight back.
Things like integrity and trust matter more than ever, so the idea that newspapers would jeopardize that to get back at a somewhat meaningless scoop is pathetic.
The time will soon come when we cannot trust anything we don't see with our own eyes, and we will then need to have a web of trust with reliable sources.
Newspapers can still capitalize on being a source of trust and truth, if they don't fuck it up.
Of course, the NYT is still pretty reliable on citations of fact, even if their slant is worse than it should be.
Part of the reason I'm leading this way is because and the end of the day, Scott just doesn't seem important enough to the NYT to focus on for a hit piece. And even then it reads more like a condemnation of SV tech culture than it does as a condemnation of Scott (however unfair it was to him).
> I spent many hours with Cade, taking his calls and emails morning or night, at the playground with my kids or wherever else I was, answering his questions, giving context for his other interviews, suggesting people in the rationalist community for him to talk to…
and
> Was there some better, savvier way for me to help out? For each of the 14 points listed above, were I ever tempted to bang my head and say, “dammit, I wish I’d told Cade X, so his story could’ve reflected that perspective”—well, the truth of the matter is that I did tell him X! It’s just that I don’t get to decide which X’s make the final cut, or which ideological filter they’re passed through first.
I think we are seeing a wounded animal's fight for survival ....
This seems like a good idea.
The government could prevent shorting government-issued tokens.
https://en.wikipedia.org/wiki/Assurance_contract#Dominant_as...
https://link.springer.com/article/10.1023%2FA%3A100495710953...
> Many types of public goods can be produced privately by profit seeking entrepreneurs using a modified form of assurance contract, called a dominant assurance contract. I model the dominant assurance contract as a game and show that the pure strategy equilibrium has agents contributing to the public good as a dominant strategy.
I guess the only criticism could be, won't you end up with a bunch of half-built bridges eventually?
*oops* hadn't realized it was by the same author!
How I laughed out loud... Gold
> I don’t want to accuse the New York Times of lying about me, exactly, but if they were truthful, it was in the same way as that famous movie review which describes the Wizard of Oz as: “Transported to a surreal landscape, a young girl kills the first person she meets and then teams up with three strangers to kill again.”
I have only gained respect for Scott, and lost respect for the NYT, throughout this while saga. Hopefully this is the end of it.
Edit: in the spirit of moving on, here are two of my favorite articles since his return, one enlightening, one funny:
"WebMD, And The Tragedy Of Legible Expertise" -- https://astralcodexten.substack.com/p/webmd-and-the-tragedy-...
"List of Fictional Cryptocurrencies Banned By The SEC" -- https://astralcodexten.substack.com/p/list-of-fictional-cryp...