Post #4384126
2026-08-04 21:52 UTC
Senators demand crackdown on wildfire "prediction markets"
Fire experts warn such markets could incentivize arson.
https://arstechnica.com/tech-policy/2026/08/senators-demand-crackdown-on-wildfire-prediction-markets/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social
Replies (1)
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@JugglingWithEggs@mstdn.social 2026-08-04 22:44
@arstechnica@mastodon.social After the 2008 financial crash, I remember many politicians despairing at the ‘socially useless’ transactions that take place millions of times a day on the stock markets. But it seems in 2026 there is a level of financial squalor deeper and more disturbing than ‘socially useless’…there is ‘market inspired physical destruction’.