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CEO of Roblox was once asked whether he would ever put prediction markets inside Roblox, he gave a straight face answer: https://youtu.be/XpIXRgMlPo4?t=2122 htt

CEO of Roblox was once asked whether he would ever put prediction markets inside Roblox, he gave a straight face answer: https://youtu.be/XpIXRgMlPo4?t=2122 https://youtu.be/XpIXRgMlPo4?t=2122

tovej 7mo ago
Jesus Christ. This man is just a sociopath who doesn't bother to mask anymore.
- popcorncowboy 7mo ago
  Eventually the money just inures you.
Lutger 7mo ago
Brilliant conversation. "Would you let kids gamble?" - "It sounds very fun and obvious." "To be clear, we think it's a horrible idea!"
- embedding-shape 7mo ago
  And then of course he continues (although won't make for a good social media rage point so understandable you didn't provide full context): > Well, I actually think it's a brilliant idea if it can be done in an educational way that's legal. > no free Robux, no free prizes, just a game called the dress to impress predictor where it's not like trying to get kids money or anything like that. Still, probably what he sees in his mind is "more money yay" as always, he is a CEO of a for-profit company, that's what they do. But still felt disingenuous not to include the full context, doesn't even make it "that much better", he still seems like a scumbag with it.
  - pastage 7mo ago
    We can mince his words. In the end anyone who organize gambling for profit is scum. If you do it for charity I know form experience it is massively profitable, but.. I am not sure it is worth it for society.
    - alphawhisky 7mo ago
      Hey now, silent auctions and raffles are great for small communities and aren't prone to degeneracy. I know a lot of fire departments that get a majority of their funding from a mix of these attractors and things like cookouts and public events.
      - pastage 7mo ago
        I believe it just enables and validate the bigger actors. I do not know where the line should be drawn, if gambling is ilegal you build an illicit trade, if it is legal that trade just become more evil. We should be careful with gambling especialy when CEOs are talking about it and only caring about the legal frameworks.
    - embedding-shape 7mo ago
      > I am not sure it is worth it for society. As always, seems to depend on the scale. Letting anyone in the world place bets on when the next nuke will hit a city? Probably pretty bad overall for society. Doing raffles for some local tiny organization run by Ada and William so they can continue hosting a ten person event? Probably pretty good overall.
      - thmsths 7mo ago
        The problem once again comes when you decide to hyper optimize for profit. Ada and William will rely on word of mouth, maybe a few posters to drum up attention to their raffle. Meanwhile large gambling orgs will run ad spots non stop with celebrities enticing you to join their app with free bonus bets and once you're in they will send you daily notifications to nudge you to place "just one more bet". Easy to see how one would be relatively harmless while the other could cause widespread addiction.
        whaleofatw2022 7mo ago
        Yep. Can't even go to a local baseball game without the shit being shoved down your throat let alone try to watch one on TV.
- TedDoesntTalk 7mo ago
  The CEO does not say it’s a horrible idea. The interviewers say that. CEO says it’s “brilliant idea”.
TedDoesntTalk 7mo ago
In case you don’t want to watch the video: his answer is yes BUT he needs to figure out how to do it legally in the different jurisdictions that control kids gambling.
- embedding-shape 7mo ago
  And well, and he wants it done for a "educational" purpose without Robux (which I assume is the in-game currency), slightly missing context from your TLDR there. But as mentioned in https://news.ycombinator.com/item?id=47334696 https://news.ycombinator.com/item?id=47334696, for sure he's still out after dat monez, he's the CEO after all.
  - TedDoesntTalk 7mo ago
    Where does he mention “without Robux”?
    - embedding-shape 7mo ago
      Literally seconds after the linked segment. Give it a listen for a minute. Edit: To be precise, he says "no free Robux": > no free Robux, no free prizes, just a game called the dress to impress predictor where it's not like trying to get kids money or anything like that You could have also read the comment I linked earlier.
benoau 7mo ago
He's also previously said he wants Roblox to be a dating service lol
- Kave0ne 7mo ago
  [flagged]

CEO of Roblox was once asked whether he would ever put prediction markets inside Roblox, he gave a straight face answer: https://youtu.be/XpIXRgMlPo4?t=2122 https://youtu.be/XpIXRgMlPo4?t=2122

tovej 7mo ago

Jesus Christ. This man is just a sociopath who doesn't bother to mask anymore.

popcorncowboy 7mo ago
Eventually the money just inures you.

Lutger 7mo ago

Brilliant conversation. "Would you let kids gamble?" - "It sounds very fun and obvious." "To be clear, we think it's a horrible idea!"

embedding-shape 7mo ago
And then of course he continues (although won't make for a good social media rage point so understandable you didn't provide full context): > Well, I actually think it's a brilliant idea if it can be done in an educational way that's legal. > no free Robux, no free prizes, just a game called the dress to impress predictor where it's not like trying to get kids money or anything like that. Still, probably what he sees in his mind is "more money yay" as always, he is a CEO of a for-profit company, that's what they do. But still felt disingenuous not to include the full context, doesn't even make it "that much better", he still seems like a scumbag with it.
- pastage 7mo ago
  We can mince his words. In the end anyone who organize gambling for profit is scum. If you do it for charity I know form experience it is massively profitable, but.. I am not sure it is worth it for society.
  - alphawhisky 7mo ago
    Hey now, silent auctions and raffles are great for small communities and aren't prone to degeneracy. I know a lot of fire departments that get a majority of their funding from a mix of these attractors and things like cookouts and public events.
    - pastage 7mo ago
      I believe it just enables and validate the bigger actors. I do not know where the line should be drawn, if gambling is ilegal you build an illicit trade, if it is legal that trade just become more evil. We should be careful with gambling especialy when CEOs are talking about it and only caring about the legal frameworks.
  - embedding-shape 7mo ago
    > I am not sure it is worth it for society. As always, seems to depend on the scale. Letting anyone in the world place bets on when the next nuke will hit a city? Probably pretty bad overall for society. Doing raffles for some local tiny organization run by Ada and William so they can continue hosting a ten person event? Probably pretty good overall.
    - thmsths 7mo ago
      The problem once again comes when you decide to hyper optimize for profit. Ada and William will rely on word of mouth, maybe a few posters to drum up attention to their raffle. Meanwhile large gambling orgs will run ad spots non stop with celebrities enticing you to join their app with free bonus bets and once you're in they will send you daily notifications to nudge you to place "just one more bet". Easy to see how one would be relatively harmless while the other could cause widespread addiction.
      - whaleofatw2022 7mo ago
        Yep. Can't even go to a local baseball game without the shit being shoved down your throat let alone try to watch one on TV.
TedDoesntTalk 7mo ago
The CEO does not say it’s a horrible idea. The interviewers say that. CEO says it’s “brilliant idea”.

TedDoesntTalk 7mo ago

In case you don’t want to watch the video: his answer is yes BUT he needs to figure out how to do it legally in the different jurisdictions that control kids gambling.

embedding-shape 7mo ago
And well, and he wants it done for a "educational" purpose without Robux (which I assume is the in-game currency), slightly missing context from your TLDR there. But as mentioned in https://news.ycombinator.com/item?id=47334696 https://news.ycombinator.com/item?id=47334696, for sure he's still out after dat monez, he's the CEO after all.
- TedDoesntTalk 7mo ago
  Where does he mention “without Robux”?
  - embedding-shape 7mo ago
    Literally seconds after the linked segment. Give it a listen for a minute. Edit: To be precise, he says "no free Robux": > no free Robux, no free prizes, just a game called the dress to impress predictor where it's not like trying to get kids money or anything like that You could have also read the comment I linked earlier.

benoau 7mo ago

He's also previously said he wants Roblox to be a dating service lol

Kave0ne 7mo ago
[flagged]