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speculation for better information discovery and towards more efficient markets is one of the most beautiful phenomena in the world
i met an AI researcher who had spent two decades in hft / jane street and ren tech before moving to sf and we talked about how fascinated i am by the concept of speculation as a pricing tool for otherwise inefficent / neglected markets and how we're approaching that with @metagametrade
crypto is still a bit of a dirty word in sf but i was surprised to learn that in his circles of AI researchers, manifold markets is the most popular prediction market that folks check nearly daily
pricing events (polymarket)
pricing memes (pump fun)
pricing communities (daos fun)
pricing ideas (believe, heaven)
pricing narratives (alt coins)
pricing creators (@metagametrade)
these types of niche markets spread through social circles of 'traders' who engage with the material every day and bet with prediction markets as a form of entertainment or validation of world view, constantly evaluating in their minds what the probability of, say 'AI outperforms humans in all mathematical research areas by 2028'
these types of hyperlocalized markets that only intrigue a small number of extremely hyper intelligent / engaged insiders will only proliferate and we'll have an abundance of market driven information on how technology impacts society that is constantly re evaluated on a daily basis
every cult community will have a financialized outlet to express their world view on how opinions or creators should be priced
@metagametrade


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