E
“If you know where reality is heading, you can win a lot of money from people who don’t.”
The London Review of Books surveys the gambling landscape: how “prediction markets” have been handed the CFTC, market manipulation, and the blurring of reality. To state the obvious: “Prediction markets don’t produce truth. They are high-stakes wait-and-see machines, that’s all.” Do stay to read the very end.
Geoff Mann · What’s the truth? Prediction Markets
[London Review of Books]
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- New Zelda and GTA represent a games industry that no longer exists
- HomePod Mini 2 first look: Three things I love and one disappointment
- Flock keeps ignoring requests to cancel its contracts
- Sam Altman says it’s better for RAM to be in a data center than on your desk
- Sam Altman sympathizes with mathematicians, but says OpenAI’s math onslaught won’t stop
