alt Hacker NewsDid anyone else think it was strange how fast legitimate news orgs (cnn for example) integrated prediction markets into their businesses?
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Painfully obvious when you realize how heavily involved the current administration is with both Paramount Skydance (CNN owner / Trump has equity) and Kalshi (Trump Jr has equity).
Not really. It's easy "content"for them and adds a veneer of quantitative rigor to what would otherwise be pure vibes.
I mean, it only feels weird if you missed Kalshi becoming a CNN partner 6 months ago. Media is entirely captured by capital, so I wasn't even surprised when they did that.
https://news.kalshi.com/p/kalshi-cnn-prediction-market-partn...
Not really? It's an interesting proxy for public opinion that requires zero investment from the news org. They don't have to pay a polling agency or wait for someone else to.
Of course that suffers some likely substantial bias from oversampling a specific domain/sub-population
Not for those of us around in 2018 when they became QVC for sh*tcoins