[game_the0ry]

Did anyone else think it was strange how fast legitimate news orgs (cnn for example) integrated prediction markets into their businesses?

[jackb4040]

Not for those of us around in 2018 when they became QVC for sh*tcoins

[fudgy73]

Painfully obvious when you realize how heavily involved the current administration is with both Paramount Skydance (CNN owner / Trump has equity) and Kalshi (Trump Jr has equity).

[DonsDiscountGas]

Not really. It's easy "content"for them and adds a veneer of quantitative rigor to what would otherwise be pure vibes.

[mcmcmc]

Not sure why you’re getting downvotes, this is exactly the case, along with I’m sure a nice payoff from the prediction markets for sponsored segments. Same reason betting odds are so heavily integrated into sports news

[DonsDiscountGas]

Maybe people read it as an endorsement rather than an observation. No biggy, just Internet points. Though you have apparently rescued me from -2 to +5 so thank you.

[nradov]

It's no stranger than how fake news organizations like CNN started using random tweets as legitimate sources.

[thrance]

I mean, it only feels weird if you missed Kalshi becoming a CNN partner 6 months ago. Media is entirely captured by capital, so I wasn't even surprised when they did that.

https://news.kalshi.com/p/kalshi-cnn-prediction-market-partn...

[nlarew]

Not really? It's an interesting proxy for public opinion that requires zero investment from the news org. They don't have to pay a polling agency or wait for someone else to.

Of course that suffers some likely substantial bias from oversampling a specific domain/sub-population