On Fri, 3 Aug 2018 13:43:18 -0700 Steven Schear <schear.steve@gmail.com> wrote:
If AP markets persist, become effective and go "mainstream" they should be considered a RLT (Radical Leveling Technology).
What remains to be seen is an ordinary gambling system turning into a true 'prediction' market. For instance, if you listen to fake-libertarians, true-fascists you'll hear how the 'amazing' futures markets 'predict' the weather and similarly retarded stuff. A gambling system in which some people can actually *decide* what the future will be is different but it remains to be seen if the incentives will be enough to motivate those people to act AND even if they are motivated, if they will be able to accomplish whatever needs to be accomlished. Like getting rid of bezos, zukerberg, google, warret buffett, goldman sachs, and all the rest.