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Prediction market pioneers question whether volume boom improves accuracy at NEXTPredict panel, NEXTPredict reports
- Prediction market pioneers question whether volume boom improves accuracy at NEXTPredict panel, NEXTPredict reports — At the final main-stage panel of Day 1 at NEXTPredict NYC on Thursday, Microsoft Research economist David Rothschild said modern prediction markets are heavily driven toward volume, which is not necessarily optimized toward accuracy. Robin Hanson, Emile Servan-Schreiber and Tobias Moskowitz debated whether beneficiaries should pay to subsidize more accurate markets, whether adding traders trades expertise for diversity, and whether AI forecasting could take over part of the forecasting role while markets remain popular for trading. (NEXTPredict)
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