@epsi These markets are also kinda stupid. With lootboxes you could still make (really bad) arguments. But Bros come on! "Prediction markets" are just pure gambling. Very much akin to sports betting where you can also bet on any shit happening during the game. That micro-gambling (and gambling as a whole) is regulated for a reason.
And these platforms are doing the shadiest shit ever anyway already. Just recently read an article abozt a bet on who will be on the time cover for this Person of the Year thing. Many people were betting on AI.
Well its was *drumroll* The Architects of AI instead. Which is not AI but the people like Lederjacket Jensen from Nvidia and some.others.
Also imagine you work for the time and know this. Oh boy you could make a tidy profit off of that alone. Easy money. Why was insider trading outlawed? Its bad. You never want to have that. But hey a platform Called Robinhood surely has no problem taking from the many and giving to the few