> The market then becomes a voting machine for the public to decide if they think the person will succeed or not.

Which would be great, if the mechanism and prize for "voting" were something other than people's basic means of survival.

Gambling addiction isn't bad because there's something wrong with predicting outcomes, it's bad because it causes people to lose all of their money.

"Kalshi, but with a maximum order size of $1" would be great. Kalshi, with a maximum order size of oh crap I can't pay my rent this month, is very bad!