
Prediction Market FAQ
Astral Codex Ten Podcast
00:00
Prediction Markets Are a Real Solution to Financial Crisis
The breakdown of trusted information sources is one of the leading challenges of the 21st century, according to Pew Research. I think prediction markets are a genuine solution that can't come fast enough. In ideal situations, they are accurate and canonical - there will be at least as accurate as any other source of information. The rest of this FAQ tries to expand on these ideas, justify these claims, answer some common objections, and explain where the prediction market industry is right now.
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