[ExI] Prediction Markets to drive innovation

[Jalil Farid]

Recently Augur underwent it's version 2 upgrade, and so far most of the prediction markets are centered on sports or political betting. I'm interested in hearing thoughts around possible markets that could predict events, hedge against bad outcomes, or even drive technological innovation. Some thoughts I have are:

- Hurricane prediction markets to help hedge destruction and possibly signal future danger.

- Vaccine creation markets to help predict successes, and also possibly drive collaboration.

- Technological outcome markets like Mars landings or even successful orbit launches.

Am I missing anything here? What other options are there. I'd love to piece together a framework to get more use out of prediction markets than gambling.

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