• Magnor
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    fedilink
    134 months ago

    Holy shit am I really reading an argument about using bets to forecast an election?

    The part of my brain doing math just spontaneously combusted.

    • @John_McMurray
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      -34 months ago

      Huh. That must have been the part that could apply base logic.

    • @AIhasUse
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      -124 months ago

      Well, it isn’t fool proof, but somehow, most major prediction markets were saying a harris win was twice as likely as a biden win almost a month ago. If you were asked a month ago who was more likely to win in 2024, would you have said biden or Harris? Probably biden, right? So maybe there is something to them. It’s just an interesting thing. You don’t have to think they are 100%, the world is never that absolute.