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RECENT POSTS IN THIS TOPIC

James Hoover: on 5/31/14 at 17:54pm UTC, wrote Prakash, Having had rating problems with my Firefox browser and now with...

James Hoover: on 5/27/14 at 0:49am UTC, wrote Prakash, A peer to peer network with tokens, I assume with its common...

Peter Jackson: on 5/23/14 at 17:20pm UTC, wrote Prakash, I found that a fascinating and original essay with some very...

Vladimir Rogozhin: on 5/17/14 at 10:14am UTC, wrote Dear Prakash, I read with great interest your extremely relevant essay ...

Aaron Feeney: on 5/10/14 at 3:49am UTC, wrote P.S., I will use the following rating scale to rate the essays of authors...

Prakash Chandrashekar: on 4/21/14 at 16:44pm UTC, wrote Thanks, Mr Fisher.

Prakash Chandrashekar: on 4/21/14 at 16:44pm UTC, wrote Hi James, Compassion for other life forms can definitely be one of the top...

Joe Fisher: on 4/21/14 at 15:58pm UTC, wrote Dear Mr. Chandrashekar, I thought that your extremely well organized essay...


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FQXi FORUM
October 15, 2019

CATEGORY: How Should Humanity Steer the Future? Essay Contest (2014) [back]
TOPIC: Design suggestions for an Epistocracy by Prakash Chandrashekar [refresh]
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Author Prakash Chandrashekar wrote on Apr. 16, 2014 @ 20:36 GMT
Essay Abstract

A peer to peer network maintaining a strategy, tactics, assumptions and risks database, with the overall goals for humanity being at the top of the tree would guide humanity. (There can be multiple top goals, or one goal “the good life” being right at top and other values below it.). This peer to peer network would be incentivized by provision of tokens, generated more in the earlier years of the network and smaller amounts later. The database would be protected from corruption by the proof of work that will be needed to obtain these tokens. The overall structure would incentivize voluntary sharing of knowledge and deepening of the network as successful predictors of various outcomes and successful designers of new processes would gain tokens that they can use to guide the overall network to their preferred values.

Author Bio

Prakash Chandrashekar (B.Tech. Civil Engg., IIT Bombay 2001, PGDM IIM Lucknow 2003) is a business system analyst at Dell, Bangalore. He has 11 years of experience in the world of Enterprise Resource Planning and Business Process Management. He likes to read about developments in economics, politics and science, and think about how they interact. He seeks to understand good governance at all levels. The views in this essay reflect his opinions alone and not those of Dell Inc.

Download Essay PDF File

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John C Hodge wrote on Apr. 17, 2014 @ 11:01 GMT
How are the weak, sick (welfare) treated in your society?

How is the Tragedy of the Commons solved?

How much regulation is there?

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Author Prakash Chandrashekar replied on Apr. 17, 2014 @ 13:28 GMT
Hi John,

Everything derives from the values that are encoded in the network. Nothing arises on its own.

Treatment of the weak and the sick. What values dominate the network, for this question to arise? Are the values empathy, equality, health or hygiene? Depending on different valuation of the values, different solutions may arise. If hygiene (which derives from uber value survival) is weighted heavily, then banishment can arise as a solution. If empathy is emphasised, there will be better nursing homes and hospitals, but not much research into medical conditions. If health itself is weighted very heavily, then a medical research program to completely understand the human body would arise, but with very few actual hospitals to take care of the day to day sick. The tactics derive from the strategies, which derive from the values - all of these are weighted by the tokens.

Tragedy of commons - For the network, there will be no commons. Everything would be expected to be controlled by an address. There can be some addresses that would be multiple-signature, where multiple people have to give authorization. Remember that for every bit of control given to every address, there is a reason, a sub-goal that it feeds to. If you're given control of a fishery, then the strategy is that you will take care of it and the acceptance criteria for it is a certain number of fishes and their diversity, valued say 1 day after a harvest, etc. Assumptions associated with it is no natural disasters have hit your area. So, if no disasters have hit your area and your fishes are less, then the subgoal is broken and other tactics are adopted, in this case is handing control to others.

Regulation - In the initial stage, when this is just an idea on the net, none. Then, depending on the values, this will increase.

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James Dunn wrote on Apr. 18, 2014 @ 17:12 GMT
I like the concept in-part, but the goals of individuals is too diverse to choose for everyone.

My goals are not "The Good Life". I'm vegetarian because I identify with animals. This is somewhat hypocritical because I also have compassion for vegetation.

If you look at the history of DNA development you can see where at one time animals branched from vegetation.

But the point here is that you could not have possibly predicted my priorities.

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Author Prakash Chandrashekar replied on Apr. 21, 2014 @ 16:44 GMT
Hi James, Compassion for other life forms can definitely be one of the top values. The point is that there are other values like survival and peace, which would prevent people from going to war over let's say vegetarianism. The weightage which would be granted to the value would depend on how early in the creation of the network would the value have been added.

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Joe Fisher wrote on Apr. 21, 2014 @ 15:58 GMT
Dear Mr. Chandrashekar,

I thought that your extremely well organized essay was extremely reasonable both in its tone and in its skillful execution. I do hope that it does well in the competition.

Regards,

Joe Fisher

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Author Prakash Chandrashekar replied on Apr. 21, 2014 @ 16:44 GMT
Thanks, Mr Fisher.

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Vladimir Rogozhin wrote on May. 17, 2014 @ 10:14 GMT
Dear Prakash,

I read with great interest your extremely relevant essay in the spirit of Cartesian doubt, profound knowledge management systems, ideas and specific proposals for a more reliable steering the future of Humanity. For Information age is extremely important update ideas of "epistocracy" ("epistemocracy"). Good luck in the contest. High score.

New Generation tells us: "We start the path ".

«Tired in my way I asked the destiny:

"Who pushes me in my back so ruthlessly?"

"Look back!"

I look and the complaint ceases:

It is my past who pushes me forward."


(Rabindranath Tagore)

Thank FQXi that brings together people for "brainstorming" on very important topics of modern Humanity!

I invite you to read and evaluate my essay .

"epistocracy" ="Democracy 3.0"

I wish you good luck!

All the Best,

Vladimir

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Peter Jackson wrote on May. 23, 2014 @ 17:20 GMT
Prakash,

I found that a fascinating and original essay with some very interesting ideas. Also very clearly written and organized. Do you think we can really reach a stage when we can rely on honesty? Surely that would be a massive advancement in itself. Mine is also unique, perhaps taking a more direct route to understanding nature.

Don't let the mention of QM put you off as ten year old's can now understand QM with valid logic (actually through the work of your namesake Raman's work on electrons). Very well done for yours, also scoring high against all stated criteria.

Best wishes

Peter

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James Lee Hoover wrote on May. 27, 2014 @ 00:49 GMT
Prakash,

A peer to peer network with tokens, I assume with its common wisdom built into an AI parliament-like network with a store of knowledge. Or am I wrong.

In America there seems to be a shortage of altruists or maybe those with an agenda have control.

My essay's solution is "looking beyond" orthodox science and within the neural universe of the brain, something the altruist, Albert Einstein, proposed. I'd like to see your views on my essay.

Considering the news of the Antarctic glacier melt, we probably have a few decades to ponder. What do you think?

Jim

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James Lee Hoover replied on May. 31, 2014 @ 17:54 GMT
Prakash,

Having had rating problems with my Firefox browser and now with some 5 days remaining, I am revisiting essays I've read to see if rated. I find that I rated yours on 5/27.

If you are given time, I would like to see your comments on my essay: http://www.fqxi.org/community/forum/topic/2008

Jim

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