All-In with Chamath, Jason, Sacks & Friedberg
Massive jobs revision, Kamala's wealth tax, polls vs prediction markets, end of race-based admissions
David Sacks
You look at prediction markets, and it's a totally different type of voting mechanism where bettors are willing to put their money where their mouth is, and they've got real skin in the game, and they're able to make a prediction based on their willingness to lose money. Now, there can be problems with that too. Number one, the betting market can be very thin.
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