jacob
@jacob
Im curious to see where manipulation of prediction markets nets out given their increasing prominence as a source of truth. For elections—where the odds could have a non zero impact on votes similar to polls—you could see a significant % of campaign advertising spend find its way into just betting on their candidate winning: becoming a literal war of attrition. The above line of thinking only makes sense if the perception of current odds has a meaningful impact on voter decision making, but that doesn’t seem that far from reality.
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mcclick
@kyle
I thought this was for sure happening during the election. Why donate millions to a candidate when you could yeet it into the market, influence opinion, and maybe make some money.
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