Can Prediction Markets Replace News? (No)

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Can Prediction Markets Replace News? (No)

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Here’s the bottom line: X + Polymarket will offer a powerful new signal in the information ecosystem. But if this is the future of media, scammers and corrupt leaders will be delighted. The public will learn of a presidential candidate’s scandal only after it has already metastasized, long after Polymarket users have placed their bets on the election outcome.