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A comment on We haven't seen the worst of what gambling and prediction markets will do. Parent comment

Re:We haven't seen the worst of what gambling and prediction... by LeifCarrotson on Thursday March 26, 2026 @07:58PM (#47537429)
That was a Times of Israel reporter Emanuel Fabian [1] but your point stands.

Prediction markets create incentives to predict the outcome of an event, which can be done in one of three ways: develop better models to predict the event, affect the event, or affect the reporting on the event.

[1] https://www.timesofisrael.com/gamblers-trying-to-win-a-bet-o...

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Re:We haven't seen the worst of what gambling and prediction... by MaysonL on Thursday March 26, 2026 @09:35PM (#47538102)
“The best way to predict the future is to invent it.”
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Re:We haven't seen the worst of what gambling and prediction... by LeifCarrotson on Friday March 27, 2026 @02:44PM (#47546653)
That's only for futures that are easy to invent, for others it is way easier to just bribe or threaten a journalist (works on most journalists, YMMV) to say that you've invented it and then run off with the money before anyone can prove you wrong.
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