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from the article: I asked the guy who turned $35 into $2 million in seven months on Kalshi whether, in another seven months, he would be able to 100,000x his
by ffitch 3mo ago
from the article:
I asked the guy who turned $35 into $2 million in seven months on Kalshi whether, in another seven months, he would be able to 100,000x his money a second time to $200 billion. Unsurprisingly, he said no - there’s only so much easy money on Kalshi, and his AI had already taken it all (also, other people with similar AIs are starting to fight him for it!)
- kennywinker 3mo agoSo this stuff is only as useful with a steady supply of people making less intelligent bets. You don’t have to sell me on it being bullshit, but you are.
- ffitch 3mo agoThe article is not about this stuff being useful for making money off of prediction markets.