Thomars Friedman’s book, The World Is Flat.
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This blog entry by innovation blogger Dominic Basulto (about Indian outsourcing giant Infosys touting a new Think Flat website) makes me think of something. We are in an industry that is compartmented into two blocks: North American and Europe/Australia. It’s so true that we are using two different keywords (“prediction markets” in North America, and “betting exchanges” in the U.K.).That’s no good. We have to unite to explain to the world that, because the betting exchanges do output objective probabilistic predictions that are more accurate than their competitors’ ones, this activity has high social utility. That’s a goal that the Midas Oracle events would try to achieve.
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