Mark Zuckerberg wants Meta to launch its own prediction market
cross-posted from: https://lemmy.world/post/48573158
How come humanity gives so many resources & time to realize the hallucinations of somebody who didn't have a single original idea in 42 years, while the people who have solutions to solve our actual problems are left without them?
https://techcrunch.com/2026/06/23/mark-zuckerberg-wants-meta-to-launch-its-own-prediction-marketOpen linkView original on lemmy.world
Can we just call it online gambling? It's literally what it is.
Honestly it's far worse. People in positions like Zucker can change results and manipulate their own market. There's already a bunch of stories about athletes betting against themselves, as if that's remotely the most egregious instances of corruption with Kalshi and Polymarket. As the other user mentioned, regulations are non existent for the President's failsons. Recently Polymarket was caught breaking advertising laws by faking bets, lying about their sponsorships, and encouraging their partners to lie using official channels.
Coffeezilla put out a video like today showing that Polymarket paid people to manipulate the odds on their market.
https://youtu.be/-L-EH5dryuU
So yea stuff like that is already happening.
Best financial investigative journalist left, that guy.
Zuckerberg has FU money and could do what he wants. He chooses not to, he chose to kiss the ring because he is spineless.
No it's completely different because gambling is regulated and this isn't, so obviously they're not the same thing /s
It's for insider trading. kalshi got greenlit very quickly after they hired Donny Jr or some other hell spawn of his.
They bet on their own stuff they have control over.
Zuck has yet to see a grift he doesn't want a slice of?
It's so funny, he shows up late and fucks it up every single time.
Importantly he is chasing and not creating his own grifts. Zuck is bad at business.
A prediction market tied to the number one source of misinformation. About as stupid as all of Mark's other ideas that the company just tanks the damage of.
Oh no this is gonna make him billions. It will be unregulated and advertised directly to boomers scared of other websites.
As far as I understood a prediction market is nothing else than a betting shop. But you can bet on anything.
This guy is the ultimate trend chaser.
This person is threatening you, and all of us. They are a danger. Won’t someone rid us of this danger?
You first....
How about you do something that would improve all of our lives and disappear, everyone would be more appreciative if you did that Cuckerberg.
When is it enough for these clowns? Hasn't he fucked the world enough?
Let's have some insider trading BS after every other BS failed. Need to keep shareholders happy.
Gimme a prediction on how well the metaverse will do commercially
He is like a wanna-be Trump with his Trump steaks and Trump vodka.