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Each tech breakthrough pushes human bandwidth higher, enabling a truer, lossless compression of reality
1. Gestures to speech
2. Speech to handwriting
3. Handwriting to the press
4. The press to the internet news
5. Internet news to prediction markets
The signal from prediction markets is more accurate and higher fidelity than any single news source because it encapsulates supply and demand automatically.
Love them or hate them, prediction markets are a step-function improvement in losslessly compressing reality.