Using prediction markets to forecast news events is dangerous because it reduces complex topics to simplified probability needles.

“There is an argument that says that in the world of news it's it this this is incredibly dangerous cuz if people start using it as a predictive tool, then you know, it's it it ends in a very bad place.”

Prediction markets are likely to become a major source of funding for future live entertainment productions.

“Anything live and unpredictable that can be funded by a company making money off people betting on unpredictable things is an absolute shoe-in in the next 18 months two years. We're going to have big entertainment propositions which are live which are funded entirely by prediction markets.”