Two major news networks, CNN and CNBC, recently announced partnerships with Kalshi, an online predictions market. Kalshi allows the public to place bets on a dizzying variety of news events. There are currently Kalshi markets for the winner of the 2028 presidential election, next month’s unemployment rate, next week’s top TV show on Netflix, whether the announcers will say “Cheesehead” during Sunday’s Green Bay Packers football game, and thousands of other future events...{snip}...“Kalshi is replacing debate, subjectivity, and talk with markets, accuracy, and truth,” Kalshi CEO Tarek Mansour said in a December 2 press release...
Hmmmm...
Markets, Accuracy and Truth.
Which one of those is not like the other?
Or, put another way, which of the three can be goosed, by either money or algorithms, when required?
Sheesh.
.
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