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AI and Prediction Markets: The Rise of the Algorithmic Oracle

  • Part 1 of the series explored how prediction markets tap into the wisdom of crowds for accurate forecasts.
  • The integration of AI into prediction markets raises questions about the emergence of algorithmic oracles.
  • Elon Musk's xAI partnered with Polymarket, utilizing a large language model named 'Grok' and Twitter's real-time data for predictions.
  • The partnership between xAI, Polymarket, and Twitter hints at the potential birth of a machine prophecy and challenges our readiness for it.

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