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Alex Heath

๐Ÿ‘ค Speaker
945 total appearances

Appearances Over Time

Podcast Appearances

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

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

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

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

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

Is there going to be an earthquake in California?

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

Where is hurricanes going to hit in Florida?

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

COVID, is it going to be a recession?

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

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.

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

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

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

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.

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

That's a great question.

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

So yes, the answer is yes, definitely.

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

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

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

you have to have a balance.

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

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?

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

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

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

It's a bit like,

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

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

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

Like for example, maybe where Ubers are most needed are like in urban areas, but that's where it's harder to get riders and they're less needed in like, sorry, by rural areas, but it's mostly in urban areas, but you still have to build a critical mass in urban area to get to the rural.

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

And I think it's a little bit similar here.

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

Like you have to get enough of a critical mass in a certain places to basically get, for example, I, you know, for example, personally, I'm always interested in the more longer term forecast.

Pivot
Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

The things that are sort of like, will AI overtake?