investing @hiFramework. former rates/commodities vol trader @DRWTrading. Tweets are my views and not personal advice. May have positions in assets discussed.
honey I lost my job as a truck driver because they decided to automate the entire fleet.
Luckily, I bought 12 event contracts on Kalshi, 11 of them expired worthless, and i paid a ton of fees but we should be able to cover our costs for a few weeks before we lose the house 👌
Here’s an example of a positive externality of liquid prediction markets:
Software engineers & truck drivers today are at meaningful risk of being automated into obsolescence, but they have no way to price that risk & hedge against it. Prediction markets fix this