Scott Nations

speaker

580 appearances 1 recordings 1 series first heard Jan 2026 last heard 16 Jan

Scott Nations’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.

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They're available.

They're salient.

And so the biases run away with us because now we think we have an opportunity to bet on something that's top of mind for us.

And our biases run away with us.

What do you think about the fact that they're now getting pretty significant institutional backing?

I think the most important example would be Intercontinental Exchange, which owns the New York Stock Exchange.

they last year or earlier this year made a $2 billion investment into Polymarket.

So when I look at what's happening in the backing that we're seeing of these platforms, and, you know...

I feel like most of us agree that it's gambling.

I feel like most of us agree that it's not really investing or it's closer to gambling than it is to investing.

And yet it does seem that we're all on board that it's just going to happen anyway.

Do you think that that is the case?

I mean, you don't want to infantilize investors and say, no, you're not allowed to bet on stuff.

But

I don't know, at the same time, there seems to be a lot of risk involved here, a lot of downside, and people could get burned.

I mean, what do you make of the fact that it seems that America has decided this is fair game?

We do this as a society, and as you pointed out,

We don't want to tell people we know what's good for you.

And so to the degree that somebody wants to make a reasonable wager for entertainment purposes on Monday's national title game, I'm like, okay.

But to the degree that...

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