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jeffreyames a day ago

[flagged]

idiotsecant a day ago | parent [-]

This is exactly the sort of bad incentives that lead to things like deliberately throwing drug trials. Very small amounts of money make people do horrible things every day, by what magic would this be an exception?

kwikiel a day ago | parent | next [-]

Usually the reverse problem is happening - company does pump its stock based on potentially having their drug accepted but it’s usually the case that it will be rejected - but you don’t k ow that for sure for many years - prediction market may help here

bb88 20 hours ago | parent [-]

But through short selling the stock market already allows the ability to bet against a company.

jeffreyames 9 hours ago | parent | prev | next [-]

A system that’s more robust to meddling than you’re imagining

andai a day ago | parent | prev [-]

> Very small amounts of money make people do horrible things every day,

What is this referring to?

glaslong a day ago | parent | next [-]

Turns out the Spokane wildfire was arson initiated. While Kalshi and PM have bets going on wildfire predictions.

I don't think there's a smoking Molotov there yet, but the incentives sure don't seem great!

Doesn't seem a huge leap there. Nor does a pissed off janitor who could turn $100 into $1,000 by trashing the wrong samples. Or a bigger player who can turn their $500k into $5M by paying that janitor $1,000.

jeffreyames 10 hours ago | parent | next [-]

You’re imagining a 10x payout for sabotaging a trial. That would be a trial with about 90% odds of succeeding when most trials are likely to fail. And this isn’t a high school science experiment a single janitor can easily sabotage. Any drug with high odds for approval has already shown significant evidence of efficacy and safety. Tampering would not shut down the whole development process with hundreds of millions poured into it.

meric_ a day ago | parent | prev [-]

A janitor doesn't need prediction markets. They could just short the stock (and profit way more that way)

glaslong a day ago | parent [-]

The janitor doesnt need a prediction market, but that's 100% who Kalshi and PM are currently blasting ads at, because the janitors with $100 to kill are the bag holders that pay the insiders.

At least in general, not for this specific Evil Janitor, who is the rarer unsophisticated-schemer/patsy/insider in my contrived hypothetical.

bb88 20 hours ago | parent | prev | next [-]

N=1 here, but I'm sure you can find many many more examples.

In a mass shooting in Boise, Idaho, a woman stole items off a fallen security guard that was lying on the floor.

https://idahonews.com/news/local/police-idaho-woman-stole-it...

tencentshill a day ago | parent | prev [-]

Russia and Iran are known to hire teenagers online to kill targets in Europe for little money.

zaik a day ago | parent [-]

I never heard of this. Do we know somebody who was killed this way?

tencentshill a day ago | parent | next [-]

https://www.bbc.com/news/articles/czrjyevmv61o

This group has been linked to 35 murders since 2022

https://www.newyorker.com/magazine/2026/02/09/to-build-a-fir...

andai 19 hours ago | parent | prev [-]

I don't know about teenagers but my last boss was bragging about how little money it costs to have someone killed.

I think he was trying to boost morale.