logoalt Hacker News

Beijingeryesterday at 11:51 PM2 repliesview on HN

Most people don't know, that "prediction markets" are acutally based on an idea by DARPA in 2002, after 9/11/2001.


Replies

jonahxtoday at 12:05 AM

Prediction markets, by any reasonable definition, existed long before 2002.

show 1 reply
nullctoday at 5:30 AM

> Most people don't know, that "prediction markets" are acutally based on an idea by DARPA in 2002, after 9/11/2001.

Did they then use a time machine to go back to the mid-90's to pass the idea to Jim Bell so he could take the fall for some of the less attractive possible outcomes?