posted in Technology
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-journalismReplying to @eicker@lemmy.world
Calling a betting market »journalism« is quite the innovation: why investigate power, verify facts, or protect sources when you can just put odds on reality and call it data? CBS partnering with Kalshi feels less like the future of news and more like turning election night into a casino with correspondents.
Replying to @eicker@lemmy.world
More like sponsored content, rather than content. Or, as we usually call it, advertising.