As news outlets treat prediction markets like news, especially heading into US elections, every dip and swing in the odds may end up wildly misleading people (Saahil Desai/The Atlantic)
Saahil Desai / The Atlantic:
As news outlets treat prediction markets like news, especially heading into US elections, every dip and swing in the odds may end up wildly misleading people — Why is the media obsessed with prediction markets? — For the past week, I’ve found myself playing the same 23-second CNN clip on repeat.