I think that’s an unfair deployment of xkcd mockery. 8% of a pandemic this year is not a tiny chance, which means a 50% drop is actually a big deal. The issue was interpreting the prediction market as an accurate percentage when it should just be an indication of approximate risk.
I think that’s an unfair deployment of xkcd mockery. 8% of a pandemic this year is not a tiny chance, which means a 50% drop is actually a big deal. The issue was interpreting the prediction market as an accurate percentage when it should just be an indication of approximate risk.