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Prediction markets work via resolution criteria, and resolution is a human action. So the moment you operationalize any question, prediction markets can affect
by saithound 2y ago
Prediction markets work via resolution criteria, and resolution is a human action. So the moment you operationalize any question, prediction markets can affect the outcome. To give an extreme example, when employees of the FHA bet on "Florida hurricane with 100+ casualties in 2024", they don't need to invent a weather control device to make that happen.