“The prediction market”? I am confused what you mean by that.
Prediction markets broadly are now pretty economically important. In the last few years the industry has grown to ~$20B, which is not like, enormous, but pretty sizeable.
$20B in what? Annual revenue (i.e., mostly fees added to transactions) of the companies that run the markets? Assets under management? Amount deposited by traders at a particular moment in time? Valuation of the companies that run the markets?
“The prediction market”? I am confused what you mean by that.
Prediction markets broadly are now pretty economically important. In the last few years the industry has grown to ~$20B, which is not like, enormous, but pretty sizeable.
I mean a technology and its implementations similar to how “the telephone” refers to a technology.
Ah, that makes sense. I failed to parse it that way! Thanks for clarifying!
Maybe I failed to write something that reasonable people could parse.
$20B in what? Annual revenue (i.e., mostly fees added to transactions) of the companies that run the markets? Assets under management? Amount deposited by traders at a particular moment in time? Valuation of the companies that run the markets?
Valuation of the top companies (based on a random Gemini summary when I searched for it, after a vague sense that things have gotten quite big).