With prediction markets, fundamentally you have markets that are zero sum markets where someone needs to lose and the question is who is losing. The promise was always, well, you have information and you kind of use this information and you make money, but you can only make money if someone else is losing. There are some answers to that and we saw in the last election that there was probably a decent amount of irrationality involved.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode