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E193Aug 23, 2024

Massive jobs revision, Kamala's wealth tax, polls vs prediction markets, end of race-based admissions

Takes
1
Companies
1
Who weighed in
Chamath
1 neutral
DiscussedPolymarket
ChamathChamathCommentary

Chamath views prediction markets like Polymarket as really good businesses, framing them as a compelling combination of entertainment and gambling, though he does not treat them as reliable directional political indicators.

I mean, I think these are really good businesses, but they are some combination of entertainment and gambling.