Engadget Podcast: What do prediction markets like Kalshi cost us?

Somehow, we live in a world where people can bet on practically anything using sites like Polymarket and Kalshi. In this episode, Devindra and Engadget Senior Reporter Karissa Bell dive into the world of prediction markets. How did we get here? And is endless betting having an effect on the real world? Also, we chat about the new American version of TikTok, which stumbled during its first weekend with a litany of errors and reported censorship.Subscribe!iTunesSpotifyPocket CastsStitcherGoogle PodcastsTopicsWho’s going to buy the Samsung Galaxy Z Tri-fold for $2900? – 1:18Tesla is killing off the Model X and S lines to focus on its Optimus robot moonshot – 6:46Amazon plans to cut 16,000 jobs and close its grocery stores in another round of restructuring – 10:45Most of the UK will lose access to Pornhub in a fight over age verification and privacy – 21:16Internal messages from Meta about Instagram being ‘a drug’ for teens could be bombshell evidence at trial – 26:59What are prediction markets and why are they suddenly so popular? – 32:11As TikTok US stumbles, users ask ‘is it server problems or censorship?’ – 46:55Around Engadget – 59:11Pop culture picks – 1:01:23 CreditsHosts: Devindra Hardawar and Karissa BellProducer: Ben EllmanMusic: Dale North and Terrence O’BrienThis article originally appeared on Engadget at https://www.engadget.com/general/engadget-podcast-what-do-prediction-markets-like-kalshi-cost-us-143113799.html?src=rss