Comment by fnands

What value does an accurate prediction market bring? I.e. how can this information be used to improve lives (other than the person winning the bet)? I.e. even if it is sorta accurate, is this valuable to anyone?

As I see it it seems to be a way to incentivize insiders to leak information, e.g. see the alleged Google insider betting on Google actions: https://www.forbes.com/sites/boazsobrado/2025/12/04/alleged-...

Great for the person who has insider knowledge, probably not so great for Google. I wouldn't be surprized if some companies start cracking down on their employees making bank off unannounced company actions.