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this post was submitted on 10 May 2026
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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The prediction markets seem to have all the basic problems that sneerclubbers: problems with resolution mechanisms, all sorts of insider trading and gaming the market, people using it for gambling...
Various prediction markets have made various half-assed attempts at solutions, but so far nothing seems to actually work well enough to make prediction markets nearly as useful as rationalists expected.