Prediction markets are ruining politics and culture.
Kalshi and Polymarket are turning everything from politics to TV into a gamble.
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Platforms like Kalshi and Polymarket have expanded from letting people bet on just sports to everything from political events to reality TV, and even the weather. But by injecting financial incentives into things like disease outbreaks, we’re even more susceptible to bad actors and manipulation. On today’s episode, host Kate Lindsay is joined by creator Austin Evans to talk about the spread of prediction markets, and how a tool once believed to help us make sense of society ended up making everything even more chaotic.
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This podcast is produced by Vic Whitley-Berry, Daisy Rosario, and Kate Lindsay.