Scott discusses various prediction markets and forecasting topics, including Metaculus predictions, Polymarket vs PredictIt, a study on forecasting accuracy, and the need for more precise inflation predictions from experts.
Longer summary
This post covers various prediction markets and forecasting topics. It starts with Metaculus predictions on Puerto Rico statehood, Jeff Bezos' potential investment in anti-aging, crypto site defaults, and the population of Prospera. The author then discusses Polymarket, comparing its liquidity to PredictIt for the NYC mayoral race. The post also analyzes a study on forecasting accuracy from PredictionBook, showing that more experienced predictors perform better and that longer-term predictions are often more accurate. Finally, the author addresses the current debate on inflation predictions, calling for more precise and accountable forecasts from economists and pundits.
Shorter summary