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by anileated 100 days ago
CEO of Roblox was once asked whether he would ever put prediction markets inside Roblox, he gave a straight face answer: https://youtu.be/XpIXRgMlPo4?t=2122
4 comments

In case you don’t want to watch the video: his answer is yes BUT he needs to figure out how to do it legally in the different jurisdictions that control kids gambling.
And well, and he wants it done for a "educational" purpose without Robux (which I assume is the in-game currency), slightly missing context from your TLDR there.

But as mentioned in https://news.ycombinator.com/item?id=47334696, for sure he's still out after dat monez, he's the CEO after all.

Where does he mention “without Robux”?
Literally seconds after the linked segment. Give it a listen for a minute.

Edit: To be precise, he says "no free Robux":

> no free Robux, no free prizes, just a game called the dress to impress predictor where it's not like trying to get kids money or anything like that

You could have also read the comment I linked earlier.

Brilliant conversation.

"Would you let kids gamble?" - "It sounds very fun and obvious." "To be clear, we think it's a horrible idea!"

The CEO does not say it’s a horrible idea. The interviewers say that. CEO says it’s “brilliant idea”.
And then of course he continues (although won't make for a good social media rage point so understandable you didn't provide full context):

> Well, I actually think it's a brilliant idea if it can be done in an educational way that's legal.

> no free Robux, no free prizes, just a game called the dress to impress predictor where it's not like trying to get kids money or anything like that.

Still, probably what he sees in his mind is "more money yay" as always, he is a CEO of a for-profit company, that's what they do. But still felt disingenuous not to include the full context, doesn't even make it "that much better", he still seems like a scumbag with it.

We can mince his words. In the end anyone who organize gambling for profit is scum. If you do it for charity I know form experience it is massively profitable, but.. I am not sure it is worth it for society.
Hey now, silent auctions and raffles are great for small communities and aren't prone to degeneracy. I know a lot of fire departments that get a majority of their funding from a mix of these attractors and things like cookouts and public events.
I believe it just enables and validate the bigger actors. I do not know where the line should be drawn, if gambling is ilegal you build an illicit trade, if it is legal that trade just become more evil.

We should be careful with gambling especialy when CEOs are talking about it and only caring about the legal frameworks.

> I am not sure it is worth it for society.

As always, seems to depend on the scale.

Letting anyone in the world place bets on when the next nuke will hit a city? Probably pretty bad overall for society.

Doing raffles for some local tiny organization run by Ada and William so they can continue hosting a ten person event? Probably pretty good overall.

The problem once again comes when you decide to hyper optimize for profit. Ada and William will rely on word of mouth, maybe a few posters to drum up attention to their raffle.

Meanwhile large gambling orgs will run ad spots non stop with celebrities enticing you to join their app with free bonus bets and once you're in they will send you daily notifications to nudge you to place "just one more bet".

Easy to see how one would be relatively harmless while the other could cause widespread addiction.

Yep.

Can't even go to a local baseball game without the shit being shoved down your throat let alone try to watch one on TV.

He's also previously said he wants Roblox to be a dating service lol
Jesus Christ. This man is just a sociopath who doesn't bother to mask anymore.
Eventually the money just inures you.