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

Scott Alexander updates readers on Ukraine war predictions, Insight Prediction's challenges, ACX 2022 Prediction Contest results, and various prediction market developments. Longer summary

Scott Alexander provides an update on prediction markets related to the Ukraine war, discusses the situation with Insight Prediction (a prediction market platform), shares data from the ACX 2022 Prediction Contest, and gives brief updates on various prediction-related topics. The post covers changes in probabilities for key Ukraine war outcomes, the challenges faced by Insight Prediction due to the war, analysis of the ACX prediction contest data, and mentions of new prediction market platforms and AI-related predictions. Shorter summary