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7 posts found
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May 13, 2024
acx
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33 min 5,066 words 146 comments 52 likes podcast (31 min)
Scott Alexander reviews recent developments in prediction markets and forecasting, including regulatory changes, platform pivots, and debates about the field's future. Longer summary
Scott Alexander reviews recent developments in prediction markets and forecasting. He discusses the CFTC's move to further restrict prediction markets, Manifold Markets' pivot to a sweepstakes model, a superforecasting report on COVID-19 origins, and debates about the future and value of forecasting. The post also covers various prediction market probabilities on current events and links to other forecasting news. Shorter summary
Aug 01, 2023
acx
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22 min 3,353 words 185 comments 91 likes podcast (19 min)
Scott Alexander discusses recent developments in prediction markets, including regulatory issues, new platforms, and current market probabilities on various topics. Longer summary
This post covers several topics in the world of forecasting and prediction markets. It starts with an update on Kalshi's request to the CFTC for permission to create prediction markets about upcoming elections, discussing the public comments received. The post then announces the Manifest 2023 conference on forecasting and prediction markets. It discusses prediction markets related to a potential room temperature superconductor discovery, and how these markets are being used to track the developing story. The post also covers PredictIt's legal battle with the CFTC, the use of forecasting technology in finance, new forecasting platforms like Fatebook and The Base Rate Times, and several current prediction market probabilities on various topics. It concludes with some short notes on recent developments in the forecasting world. Shorter summary
Jan 31, 2023
acx
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31 min 4,760 words 126 comments 58 likes podcast (29 min)
Scott Alexander discusses recent developments in prediction markets and forecasting, including Metaculus' milestone, PredictIt's legal issues, and various prediction market topics. Longer summary
This Mantic Monday post covers several topics related to prediction markets and forecasting. Scott discusses Metaculus reaching its one millionth prediction, PredictIt's legal battle with the CFTC, former Russian President Medvedev's outlandish 2023 predictions, conspiracy theory prediction markets, Scott's own 2022 prediction calibration results, updates on 'scandal markets', and highlights from various current prediction markets. He also shares some thoughts on the challenges and potential pitfalls of certain types of prediction markets. Shorter summary
Dec 20, 2022
acx
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84 min 12,964 words 316 comments 166 likes podcast (77 min)
Scott Alexander presents a comprehensive FAQ on prediction markets, arguing for their accuracy, canonicity, and potential to solve the 'crisis of trust' in society. Longer summary
This post is a comprehensive FAQ about prediction markets, explaining what they are, why they are believed to be accurate and canonical, addressing common objections, and describing clever uses for them. Scott Alexander presents prediction markets as a potential solution to the 'crisis of trust' in modern society, arguing that they can provide unbiased, accurate predictions on a wide range of issues. The post also covers the current status of prediction markets and suggests ways people can help promote them. Shorter summary
Oct 18, 2022
acx
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25 min 3,822 words 133 comments 59 likes podcast (23 min)
Scott Alexander discusses recent developments in prediction markets, including midterm forecasts, legal challenges, nuclear risk assessments, and new market applications. Longer summary
This post covers various topics related to prediction markets and forecasting, including midterm election predictions, the CFTC's actions against PredictIt, nuclear risk forecasts, Kalshi's application for election markets, and updates on various prediction markets and forecasts. Scott discusses the discrepancies between poll-based and prediction market-based forecasts for the US midterms, the legal challenges to the CFTC's decision to shut down PredictIt, and recent nuclear risk assessments by forecasting groups. He also covers Kalshi's efforts to gain approval for election markets and provides updates on several ongoing prediction markets. Shorter summary
Aug 16, 2022
acx
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24 min 3,693 words 162 comments 62 likes podcast (31 min)
Scott Alexander examines the shutdown of PredictIt and its implications for the prediction market industry, while also highlighting new developments and forecasts in the field. Longer summary
This post discusses the recent shutdown of PredictIt, a prominent prediction market, by the CFTC. It explores potential reasons for the shutdown, including suspicions of lobbying by competitor Kalshi. The post also covers new developments in the prediction market space, including Hedgehog Markets allowing user-created markets, a forecasting tournament by the Salem Center and CSPI, and updates on various prediction markets and their forecasts on topics like China-US conflict, AI-generated music, and remote college education. Shorter summary
Feb 07, 2022
acx
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19 min 2,918 words 442 comments 104 likes podcast (20 min)
Scott examines the recent crackdown on Polymarket, critiques US policy on prediction markets, and discusses the future and potential of both prediction markets and cryptocurrency. Longer summary
Scott Alexander discusses the recent $1.4 million fine imposed on Polymarket by the CFTC and its implications for prediction markets. He critiques the US government's approach to prediction markets, arguing it hinders better decision-making. The post explores the potential of prediction markets, what's needed for their success, and the challenges they face. It also touches on the broader implications for cryptocurrency and its original vision of creating censorship-resistant financial products. Shorter summary
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