Kalshi is now advertising prediction markets where people can trade on things like egg prices — and the way it’s being marketed is what makes this so uncomfortable. The ad turns rising grocery costs and financial stress into a cute AI story about “trading” egg prices. Kalshi’s CEO has argued that the platform is different from sportsbooks because Kalshi makes money from fees rather than directly from customers losing. But people still put real money at risk, and someone still ends up on the losi
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Kalshi is now advertising prediction markets where people can trade on things like egg prices — and the way it’s being marketed is what makes this so uncomfortable. The ad turns rising grocery costs and financial stress into a cute AI story about “trading” egg prices. Kalshi’s CEO has argued that the platform is different from sportsbooks because Kalshi makes money from fees rather than directly from customers losing. But people still put real money at risk, and someone still ends up on the losi
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