But prediction markets are not just online betting platforms. They represent a new way of forecasting political and economic events — and, increasingly, a fresh force influencing them. Prediction markets are digital platforms where participants buy and sell contracts linked to future events. Today, prediction markets are challenging state monopoly and claims of the expert class. AI-driven prediction markets introduce a new element: radical openness that thins out the fog to a large extent.

Source: Indian Express February 16, 2026 01:17 UTC