Prediction markets could improve future forecasts / public policy
By Hicbd
Thu Sep 15 2022 11:24 am
"Nearly two decades ago, a handful of innovators at the Department of Defense’s research arm, the Defense Advanced Research Projects Agency (DARPA), wanted to see if they could more accurately forecast future geopolitical trends. They could do what the U.S. government had always done to predict overseas developments—throw money at researchers to study a given region, rely on open-source analysis or even deploy covert operators on the ground. But if there was a better, cheaper way to forecast the future, they wanted to find it."
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