Alex Heath

Misinformation is everywhere.

Polarization is kind of at an all-time high.

People say different things about everything and you don't know what to, like, you go to Twitter, if you go to my Twitter feed versus yours, we might see literally two entirely different versions of the word.

To us, like, this is kind of a bit of an antidote.

It's like, how about we apply some of the things that we discussed, like this mechanism for truth,

this incentive to be truthful, to be unbiased, to be objective, to a lot of these questions, right?

Is there going to be an earthquake in California?

Where is hurricanes going to hit in Florida?

COVID, is it going to be a recession?

These questions that do actually impact people on their day-to-day, but today there's just like, it's like social media, where like the incentive is engagement, whereas prediction market, the incentive is truth.

And so that's really what I meant by that.

But I think that clip was taken out of context, out of a kind of broader, like kind of a broader explanation that I was giving.

That's a great question.

So yes, the answer is yes, definitely.

And I think that the way that I sort of describe it is like...

you have to have a balance.

And, you know, there are certain things that, for example, may be more engaging but less useful from a truth-seeking perspective, but that help kind of like the things that are like less engaging but more truth-seeking from a kind of forecast perspective, right?

So, and you have to balance out between those two.

It's a bit like,

And the example is like, you can look at a lot of marketplaces, right?