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by colesantiago·5mo ago·view on hn ↗
AI is 1000%+ far worse to be fair.

Cryptocurrency (although I hate it) you don't have to participate, so no harm done.

Prediction Markets you don't have to participate, so no harm done.

With AI, you're participating whether you like it or not. Layoffs, Job displacement, etc. There is no opt out here.

Once you're replaced with AI, that is it.

At least with cryptocurrency and prediction markets you can make money but it's obviously risky.

Ultimately with AI it would just push people to cryptocurrencies and prediction markets.

4 comments
> Prediction Markets you don't have to participate, so no harm done.

What if there's a prediction market on your life? Would you say you're still "not participating, so no harm done" ?

Where is the particular and specific assassination market that says:

"Date on which this journalist will die"?

I'm not saying there is. I'm saying prediction markets aren't opt-in.

Similar with war in general: the moment the decision makers can earn $$$ by betting on something unlikely and then doing it, we have a problem...

Do you have a positive defense of betting markets? You're spraying defensive whataboutism all over this thread and lowering the discourse.

> Prediction Markets you don't have to participate, so no harm done.

Harm: https://www.npr.org/2025/11/13/nx-s1-5605561/college-athlete...

Harm: https://militarnyi.com/en/news/in-november-an-isw-analyst-ma...

Harm: https://www.cnbc.com/2026/03/05/prediction-markets-merkley-b...

Why did you send in an article that was completely irrelevant that has nothing to do with prediction markets?

What you're showing me is a death threat, which has existed for time in humans.

Betting markets of all kinds have existed for a long time and haven't been banned.

Banning on particular betting market prediction markets altogether and pushing it underground would make things far worse.

Many kinds of betting markets are or were banned all over the world. The sky didn’t fall, and what underground markets existed didn’t lead to huge gang wars or whatever.

Given that the article is discussing some of the bad behavior typically associated with dark markets (death threats, extortion, fixing) happening in the light, what makes you think that banning them would make things worse?

    What you're showing me is a [war crime], which has existed for time in humans.

    [Wars] of all kinds have existed for a long time and haven't been banned.

    Banning on [particular tactics in war] altogether and pushing it underground would make things far worse.
Do you see the problem with your logic?
All you're showing are death threats that humans have made. This has happened for all of time, prediction markets or not.

There is a difference.

Where is the particular and specific assassination market that says:

"Date on which this journalist will die"?

Sorry you are clearly not engaging in good faith, I'm done
You didn't answer my question.

Possibly because you're too emotional and raging everywhere and not stopping to think what happens when you think the answer to everything is a complete ban.

I'm not the one apologising for my position, you're not completely rational at all since you don't think about the second order effects.

> Prediction Markets you don't have to participate, so no harm done.

Did you read the article? It is about a journalist getting death threats from members of a prediction market.

Dude, stop.