“Financialize Everything”: How ‘Prediction Markets’ Are Selling the End of the World

Early this month, CNN reportedly formed a partnership with Kalshi, “the world’s largest prediction market company” according to Axios. As part of the deal, CNN will embed data from Kalshi’s online market into live news broadcasts, “includ[ing] prediction market content related to politics, news, culture and weather.” Kalshi, alongside their main major competitor Polymarket, offers a marketplace […]