Imagine the existence of prediction markets for political claims about the future. How might politics change? (Choose best answer)
Politicians would be able to cite the prediction markets for support when deliberately making false claims.
Politicians would have more difficulty scaring citizens about fake threats.
It would be harder to make good policy.
Not much would change because speculators make prediction markets unreliable.
The best answer is: Politicians would have more difficulty scaring citizens about fake threats.
Prediction markets could provide a more informed and evidence-based perspective on political claims, making it harder for politicians to manipulate public perception through fear tactics. If citizens have access to reliable predictions about political outcomes, they may be less susceptible to exaggerated or false claims about threats.