Entrepreneurs are pretty smart, so they would notice this money-making opportunity, raise some funds from equally-observant venture capitalists, make a better mass transit system, and get really rich off of all the tickets. So “US cities don’t have good mass transit” seems like the same kind of statement as “a bill has been on the floor of Grand Central Station for a week and nobody has picked it up.” Therefore, US cities have good mass transit, or at least the best mass transit that’s economically viable right now.
This proof of God’s omnibenevolence is followed by Eliezer’s observations that the world seems full of evil.
Eliezer Yudkowsky’s catchily-titled Inadequate Equilibria is many things.
So for Google to remain underpriced when your uncle sees it, you have to assume everyone at every Wall Street hedge fund has just failed to notice this tremendous money-making opportunity – the same sort of implausible failure as a staying on the floor of Grand Central for a week.As everyone tried to buy it, the price would go up until it was no longer underpriced.Big Wall Street banks have people who are at least as smart as your uncle, and who will notice before he does whether stocks are underpriced.Eliezer did some digging, found that existing light boxes were still way less bright than the sun, and jury-rigged a much brighter version.This brighter light box cured Brienne’s depression when the conventional treatment had failed.