Prediction markets: can betting be good for the world?

Abstract

Rational Animations’ second video on prediction markets, answering questions such as: what are prediction markets, what is Manifold Markets, and are the probabilities they display well calibrated? Since the first video on the topic from 2021, the new platform Manifold Markets was created, working like a real prediction market except that bets are placed with internet points called “Mana” rather than real money.