Can news firms hire predictors?

Sources:

Yes, the concept of news firms hiring predictors has been discussed. Specifically, the idea is considered exciting as it could involve investigative reporters who are skilled at predicting, leveraging their findings to potentially profit in markets based on their investigative journalism. This approach could use market mechanisms to provide valuable information to society, thus serving a pro-social benefit by encouraging the dissemination of accurate information about issues like government failures or corporate malpractices 1 .

Predicting News, Pro Social Benefit

Dwarkesh and Scott discuss the exciting possibility of news firms hiring predictors and investigative reporters benefiting from shorting the market based on their discoveries, highlighting the pro social benefit of using market mechanisms to provide valuable information to society.

The Lunar Society

Manifold Markets Founder - Predictions Markets & Revolutionizing Governance
1
RELATED QUESTIONS