Is it just me, or does it seem like a major conflict of interest that election prediction guru Nate Silver has snapped up a gig at a company that makes money from betting on elections while ALSO CALLING FOR PRESIDENT BIDEN TO STEP DOWN?
As the U.S. presidential election enters its final stretch, crypto-based prediction market platform Polymarket has struck while the iron is hot by hiring well-known statistician and writer Nate Silver as an adviser, according to an Axios report. Silver has for years provided forecasts on U.S. elections, initially through his FiveThirtyEight service (that he subsequently sold and no longer works for). And Polymarket has seen big business on this year’s presidential race, with $265 million already placed on the election. Its prediction market shows Donald Trump as a resounding favorite with a 70% chance of winning the vote.
I mean, I’m guessing it’s not illegal, but it doesn’t seem terribly…ethical?