The people betting on catastrophic world events – podcast

This podcast explores prediction market platforms, which allow users to bet on world events, highlighting a case where someone profited by predicting a hypothetical Trump-ordered attack on Venezuela. These platforms, experiencing growth since Trump's presidency, function similarly to stock markets, enabling users to invest based on their predictions. The podcast features Saahil Desai from The Atlantic, who raises concerns about media organizations partnering with these platforms, citing the potential for wealthy individuals to manipulate media coverage by influencing the odds. The podcast also examines the mechanics of prediction markets, their increasing prominence in the US, and Trump's reported interest in establishing his own platform.

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