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posted in Technology

eicker@eicker@lemmy.world
⁨12⁩d

News Organizations Like CBS Embracing Prediction Markets as “Journalism” Is a Deep Moral Disgrace: Prediction markets like Polymarket and Kalshi operate in a regulatory vacuum.

futurism.com/future-society/news-organizations-cbs-prediction-markets-journalism
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BarneyPiccolo@BarneyPiccolo@lemmy.today
⁨11⁩d

Replying to @⁨eicker@lemmy.world⁩

Whenever they start talking about polls, they always bring up Kalshi these days. Sometimes they even highlight Kalshi’s predictions as if they are as legit as actual scientifically-based polls, which they are not. Prediction markets are based totally on vibes, and have no place being discussed on a legitimate news platform.

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Rioting Pacifist@RIotingPacifist@lemmy.world
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Replying to @⁨BarneyPiccolo@lemmy.today⁩

Wouldn’t be surprised if people are buying/selling in order to shape the narrative around debates and news, if you have enough money you can kill/boost stories by deciding what “the markets” care about.

⁨Oct⁩ ⁨4⁩, ⁨2026⁩, ⁨17:00⁩en
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