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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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submitted 5 days ago* (last edited 5 days ago) by swlabr@awful.systems to c/techtakes@awful.systems

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“If all of this sounds like a libertarian fever dream, I hear you. But as these markets rise, legacy media will continue to slide into irrelevance.”

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[–] Soyweiser@awful.systems 10 points 5 days ago

Prediction markets create incentives for people with information to share what they know.

What? No they dont they create incentives for people to keep things secret and bet on them.