It can look bad, but this is just an aspect of human behavior en masse that we don’t normally get to see. A long time ago there was an incident on a military base. A man had gotten up on a building to commit suicide, and while the officers tried to convince him not to jump, the drafted soldiers gathered underneath and started chanting “jump, jump” because of a rule that said witnessing the suicide of a fellow soldier cut down their draft length. Anyway, point being, situations where group A can benefit by harming group B are always problematic with large groups of people. The internet has produced novel and worse things than this.

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tomtomtom777 2 hours ago | parent | next [-]

I think that's horribly fatalistic perspective.

Yes, humans can be bad. But humans can change. Let's not start accepting bad stuff as not so bad, simply because it is "just human behavior".

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sc68cal 2 hours ago | parent | prev | next [-]

So, because it's a human behavior, that means it's okay that there's a huge company out there amplifying that behavior and profiting off it?

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victorbjorklund 4 hours ago | parent | prev | next [-]

Sounds like a urban legend.

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happytoexplain 4 hours ago | parent | prev [-]

>It can look bad, but this is just an aspect of human behavior

Why "can look", "but", "just"?

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Ajedi32 3 hours ago | parent | next [-]

I think GP is saying it's not the prediction market that's bad, but human nature itself. The prediction market just makes it more visible.

	▲	tclancy 3 hours ago \| parent [-]
		If we ignore that people are literally profiting from running the prediction market that happens to make it visible and giving incentive to uninvolved parties to have a STRONG OPINION about any type of event for the purpose of gambling, yeah, I guess that's a point.

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cannonpr 3 hours ago | parent | prev [-]

Because it’s one of many events that violates our belief in our selves more than the nature of human society and man as a social animal based on studies of what we actually are.