Post

Jesus Christ, this is quite possibly the worst things that prediction markets could do.

Prediction market platform Kalshi will start taking bets on the outcomes of clinical trials and FDA regulatory reviews, it said on Thursday, making drug-development odds public for the first time.

reut.rsKalshi to allow bets on clinical trials, FDA decisionsPrediction market platform Kalshi will start taking bets on the outcomes of clinical trials and FDA regulatory reviews, it said on Thursday, making drug-development odds public for the first time.

16/7/26, 8:45 pm4 reposts18 likes

Brian Owens

@scibri.com

19 July

Ok, I changed my mind. THIS is the worst thing that prediction markets could do. I have a feeling this will be an ongoing thread of increasing horror. bsky.app/profile/gold...

shauna@goldengateblond.bsky.social

yeah we’re gonna have to ban prediction markets

cnn.comPeople are making wildfire bets on prediction markets. Experts say it could lead to disaster | CNNAs the catastrophic Los Angeles wildfires raged last year, people placed bets on how how many acres the fires would consume, which locations they would reach and when they would be contained.

Ray

@raydoesdata.bsky.social

19 July

I think my favorite part of that headline is "experts". Girl my niece would tell you betting on wildfires could lead to disaster