Prediction Markets Are Betting On A Grim Future

Prediction Markets Are Betting On A Grim Future

During last summer's NBA Finals, a fully AI-generated commercial featuring people in man-on-the-street interviews yelling towards the camera about all the things they were going to bet on (football games, the price of eggs, hurricanes, alien visitations) introduced the world to Kalshi. Tagline: "The world’s gone mad, trade on it." The ad was made by “AI filmmaker” PJ Ace, who wrote a brief outline of the concept and then had ChatGPT convert it i…