minus-squareturmacar@lemmy.worldtoTechnology@lemmy.world•News Organizations Like CBS Embracing Prediction Markets as “Journalism” Is a Deep Moral Disgrace: Prediction markets like Polymarket and Kalshi operate in a regulatory vacuum.linkfedilinkEnglisharrow-up1·4 days agoThey’re better predictors of what people think will happen. That can correlate with what does happen, but they’re not the same thing. As much as Kalshi et al’s marketing would like to suggest otherwise. They’re not oracles or crystal balls. linkfedilink
They’re better predictors of what people think will happen.
That can correlate with what does happen, but they’re not the same thing. As much as Kalshi et al’s marketing would like to suggest otherwise. They’re not oracles or crystal balls.