Comment by banannaise
7 hours ago
I would expect a dramatic rise in things like this, because they can be (1) monetized, and (2) scaled.
Polymarket and Kalshi allow you to monetize almost any outcome (as they themselves will tell you is the goal). Therefore, there is profit available if you can predict the outcome better than other people, or if you can influence the outcome. But I don't think people have really noticed that profit is also available if you can influence other people's predictions to manipulate the price and sell at a profit. Spread disinformation. Suppress information that hurts your position. Sending death threats to journalists? Sounds like an avenue to accomplish that. Want to do that at scale? Agentic AI can help.
We need to severely restrict prediction markets, and soon, or there's going to be a lot of adversarial activity at scale, and we can't always predict what kind of activity that will be.
The same thing already happens with the stock market.