
This market will resolve yes if Manifold has a feature that allows commonly used keywords to have a definition Manifold. The keywords must be able to be used across markets and creators.
What I see today is:
Manifold has a commonly used keywords such as "State of the Art Large Language Model" or "Superintelligent Artificial Intelligence", where most market creators are meaning roughly the same thing but there ends up being many different definitions due to market creators having to redefine it in each new market.
What I expect this feature to be like at a minimum:
Manifold creates functionality for a dictionary/wiki type page where someone can define "State of the Art Large Language Model (SOTA LLM)" or "Superintelligent Artifical Intelligence (SAI)", with a relevant definition and the benchmarks/inclusion criteria that would be required for something to be considered a SOTA LLM or SAI.
When creating a market, creators are suggested defintions for keywords they are using (e.g. they type "This market will resolve Yes if a new SOTA LLM is created by 2024", and then manifold/clippy says "Would you like to use the definition for SOTA LLM found here?). Then, the resolution criteria of that market include the commonly understood definition.
I think this would be very useful as:
It would make it easier to create high quality markets!
It would make it more valuable/easier to compare markets on what are currently similar (but frustratingly, not the same) topics
If it becomes a part of search/groups, it would reduce the incentive for making low quality markets
Please feel free to make suggestions or ask comments clarifying the resolution criteria in the comments.
Some (possibly overly complicated and definitely not fully thought out) ideas for how I think this could be a commonly used, positive sum feature are (not required for this to resolve yes):
Makes definitions a new type of "group", and
weights markets using the same definitions in their reccomendation algorithm so they incentivize accurately tagging markets and using definitions
allow advertising of questions as a whole using a given definition/group
Creation of definitions could be incentivised by a bounty or usage fee (maybe start with a quest and/or reward for creating them too?)
Definitions could be minted, e.g. when someone wants to create a definition they create X "instances" of it (paid to manifold at a rate of Y per instance), then they establish a baseline price they are willing to sell usage of it at, then people pay said fee to use it (maybe include a price curve resonding to supply/demand, and an automatic way to mint new instances if price goes above X+Z?)
Definitions/definition content could be decided on with futarchy; each time someone creates or updates a definition, a derivative market is created asking something like "If the definition for "SOTA LLM" is created/updated, will the market clearing price for it be higher or lower than X (where X is the current price)."
Hoverable tooltips like wikipedia!
initially, subsidize the usage of definitions with a quest/reward for making markets with them (or updating your existing markets to use them).
PS: If someone makes this (by market close), it gets integrated into Manifold, and it works in a way I would expect to be beneficial (on release), I will pay $100 (including if it is done by a manifold engineer). If someone includes beautiful (as decided by me) market mechanics/futarchy into it, I will pay an additional $100. I reserve the right to pay out portions of this if I believe it is only somewhat implemented.
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