Integrity in the Bond World and Sponsor Ads for Babbel and Beehive | 3min snip from "The Riff" with Byrne Hobart and Erik Torenberg

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E38: Resurgence of Prediction Markets, AI Adoption and Complex Financial Systems

"The Riff" with Byrne Hobart and Erik Torenberg

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Integrity in the Bond World and Sponsor Ads for Babbel and Beehive

Exploring the significance of judges' honesty and integrity in the bond industry, highlighting the struggle to uphold moral values. Additionally, featuring sponsored content for language learning with Babbel and Beehive's email newsletter service.

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This week, Byrne Hobart and Erik Torenberg discuss the resurgence of prediction markets, the balance of sophisticated vs. 'dumb' money, Biden's nomination odds and the impact of AI on software economics.

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TIMESTAMPS:

(00:00) Intro

(00:20) Is this the Polymarket election?

(08:55) Prediction markets

(11:07) Politics and prediction markets