Wagering on Wildfires? There’s a New Prediction Market for That
business
A new prediction market platform called Wyldfyre claims it can improve wildfire forecasting by harnessing the wisdom of crowds. The pitch: let people wager on where and when fires will strike, and their collective bets might signal better disaster preparedness. But according to io9, experts argue the risks outweigh the rewards—financial incentives could distort decision-making around public safety. It's the latest in the broader prediction market boom, though few ventures involve such tangible human cost.
Source: https://gizmodo.com/wagering-on-wildfires-theres-a-new-pr...
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