economy
Prediction market trader created AI-powered program to help him win big
Prediction market platforms give fans the chance to make money on anything from predicting where Taylor Taylor Swift will get married to major sports. But a recent study found the top 1% of traders on Polymarket capture more than three-quarters of all gains. Jo Ling Kent spoke with a prediction market trader who wrote an AI-powered computer program to help him win big.
TL;DR
- Prediction market platforms offer opportunities to profit from predicting various events.
- A study found that the top 1% of traders on Polymarket earn over 75% of all profits.
- One trader developed an AI-powered program to gain an advantage in these markets.