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by _DeadFred_
77 days ago
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Please show the dollar/realized benefit to society VS (in response to OPs statement) the results don't "justify the cost, corruption and a loss of trust in institutions" along with a breakdown of the cost/negatives to society that result from those factors. This isn't big oil (yet) you can't just externalize all the downside and say the product is a net benefit. |
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In other words, the overlap between these is too small to justify the idea that prediction markets are a net-benefit by default:
1. Is valuable
2. Not already known
3. No current reward mechanism exists (e.g. patents)
4. Not criminal or unethical to disclose