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Substack, as expected, escalates toward hyper-disinfo. Remember, folks: The tech bros tearing down our country are the major forces behind this monstrosity. Choose your future wisely.

Gil Durán

@gilduran.com

19 Feb

Prediction markets warp reality by manufacturing false narratives of consensus. When these fake indicators spread through media, they can influence public opinion (undecided people tend to favor what they think is popular, see "social proof.") A dangerous tool, and CNN has a partnership, too.

Colin McMillen

@mcmillen.dev

Furthermore, prediction markets let rich people pay a small overhead to bid up things that they want to seem "popular". They also let folks with insider information (such as politicians & CEOs) monetize that information in a way that's less regulated & more plausibly deniable than the stock market.

19/2/26, 6:49 am4 reposts35 likes

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