3 ms·
A coterie of tech insiders believe that "prediction markets" can fix social ills
- chrisjj 3y agohttps://archive.ph/iuiyx https://archive.ph/iuiyx
- gardenfelder 3y ago"The basic idea behind Manifold Markets and similar platforms, such as Kalshi and Polymarket, goes like this: Markets aggregate information. The more information they aggregate, the more accurate they tend to be. And if enough people make enough bets, with enough information behind them, markets can tell you something useful about the future."
- namaria 3y agoThat's financial markets with missing steps. Although I think it's clever to gamify guessing to aggregate opinions. Much of society is some way or another to harness ways of collectively knowing and opining really.