The eyes-wide-opened Alexis Perrier notes that many “-mainstream media”- do talk about political prediction markets, these days.
But that’-s a superficial coverage —-basically, explaining to morons (surfacing from their Afghan cave) what InTrade does. The real thing is prediction market journalism —-and to this day, only Justin Wolfers does practice it (once a month).
To get real PMJ done, we will need brand-new digital publications and brand-new people —-just like the newly created tech blogs (like TechCrunch) are employing a new batch of writers, using new tools and new methods.
If you look at the 87 feeds I subscribe to, I get my IT news from professional blogs —-not from mainstream media.
Prediction market journalism has a future only if professional blogs adopting this approach are to be created.