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