This is the inspiration behind Polymarket #shorts
60 Minutes·2025-12-02 15:04
Industry Focus: Prediction Markets - Prediction markets aim to distill disparate opinions into probabilities [2] - Prediction markets can offer insights superior to open internet discussions [2] - The inevitability of insider information in predictive markets and the need for ethical guidelines [3] Individual Perspective - Shing Copelan, a New York native, sought answers to complex questions during the COVID-19 pandemic [1] - Copelan dropped out of NYU in his freshman year [1] Market Dynamics - The COVID-19 pandemic caused shutdowns and uncertainty in New York City [1] - Edge in the market is considered a good thing, but requires curation and stringent ethical guidelines [3]