Humans will never be able to accurately predict the future. But they will soon be able to win or lose a ton of money based on what they think will happen.
With $30 million in funding from big-name venture capitalists, trading platform Kalshi will soon allow users to place bets on yes-or-no questions that predict future events, The Wall Street Journal reports. For example, Kalshi could've asked last year if a COVID-19 vaccine would've been approved by the end of 2020, paying out $1 to any user who bought a single contract guessing "yes," and nothing to those who'd picked "no."
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