Mark Zuckerberg wants Meta to launch its own prediction market (techcrunch.com)
from madeindex@lemmy.world to world@lemmy.world on 24 Jun 09:41
https://lemmy.world/post/48573217

cross-posted from: lemmy.world/post/48573158

How come humanity gives so many resources & time to realize the hallucinations of somebody who didn’t have a single original idea in 42 years, while the people who have solutions to solve our actual problems are left without them?

#world

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mjr@infosec.pub on 24 Jun 10:03 next collapse

Zuck has yet to see a grift he doesn’t want a slice of?

ChicoSuave@lemmy.world on 24 Jun 14:22 collapse

Importantly he is chasing and not creating his own grifts. Zuck is bad at business.

Lasherz12@lemmy.world on 24 Jun 10:06 next collapse

A prediction market tied to the number one source of misinformation. About as stupid as all of Mark’s other ideas that the company just tanks the damage of.

zqps@sh.itjust.works on 24 Jun 10:21 collapse

Oh no this is gonna make him billions. It will be unregulated and advertised directly to boomers scared of other websites.

pHr34kY@lemmy.world on 24 Jun 10:12 next collapse

Can we just call it online gambling? It’s literally what it is.

ImgurRefugee114@reddthat.com on 24 Jun 10:17 next collapse

No it’s completely different because gambling is regulated and this isn’t, so obviously they’re not the same thing /s

LittleBorat3@lemmy.world on 24 Jun 11:37 collapse

It’s for insider trading. kalshi got greenlit very quickly after they hired Donny Jr or some other hell spawn of his.

They bet on their own stuff they have control over.

Lasherz12@lemmy.world on 24 Jun 11:17 collapse

Honestly it’s far worse. People in positions like Zucker can change results and manipulate their own market. There’s already a bunch of stories about athletes betting against themselves, as if that’s remotely the most egregious instances of corruption with Kalshi and Polymarket. As the other user mentioned, regulations are non existent for the President’s failsons. Recently Polymarket was caught breaking advertising laws by faking bets, lying about their sponsorships, and encouraging their partners to lie using official channels.

LittleBorat3@lemmy.world on 24 Jun 11:38 next collapse

Zuckerberg has FU money and could do what he wants. He chooses not to, he chose to kiss the ring because he is spineless.

Kirp123@lemmy.world on 24 Jun 17:50 collapse

Coffeezilla put out a video like today showing that Polymarket paid people to manipulate the odds on their market.

youtu.be/-L-EH5dryuU

So yea stuff like that is already happening.

Lasherz12@lemmy.world on 24 Jun 17:54 collapse

Best financial investigative journalist left, that guy.

Eternal192@anarchist.nexus on 24 Jun 10:52 next collapse

How about you do something that would improve all of our lives and disappear, everyone would be more appreciative if you did that Cuckerberg.

LittleBorat3@lemmy.world on 24 Jun 11:35 next collapse

When is it enough for these clowns? Hasn’t he fucked the world enough?

Let’s have some insider trading BS after every other BS failed. Need to keep shareholders happy.

lIlIlIlIlIlIl@lemmy.world on 24 Jun 12:00 next collapse

This person is threatening you, and all of us. They are a danger. Won’t someone rid us of this danger?

vrek@programming.dev on 24 Jun 14:46 collapse

You first…

JoMiran@lemmy.ml on 24 Jun 13:07 next collapse

This guy is the ultimate trend chaser.

ickplant@lemmy.world on 24 Jun 13:53 next collapse

He is like a wanna-be Trump with his Trump steaks and Trump vodka.

itrealgood@mander.xyz on 24 Jun 14:32 next collapse

Gimme a prediction on how well the metaverse will do commercially

Jimbel@lemmy.world on 24 Jun 14:40 collapse

As far as I understood a prediction market is nothing else than a betting shop. But you can bet on anything.