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Kalshi CEO Tariq Mansoor publicly compared using Kalshi to curing Instagram addiction, claiming time on prediction markets means less time 'brain rotting' on Instagram.
Where this was said
At 1:08:10 · chapter starts 1:05:46
Kevin describes the NYT scoop by Mike Isaac and David Yaffe-Bellany: Zuckerberg directed a team to build Arena, a prediction-market app initially using fake in-game money, operating independently of Meta's existing apps. [1] — Kevin Roose "Mark Zuckerberg has directed a small team to build a prediction-market app called Arena, starting with fake money but with real-money wager…" 1:05:46 Casey and Kevin predict the obvious arc: success means real money, then integration into Instagram and Facebook, then bets on your friends' relationships appearing in your feed. Kevin highlights the darkest irony: Meta is a company currently mired in lawsuits over the addictive nature of its platforms for young users, and its next major product focus is gambling — the most reliably addictive behavior of all. The segment closes on Kalshi CEO Tariq Mansoor's claim that prediction markets cure Instagram addiction, which Kevin delivers straight before Casey absorbs the full absurdity of one addiction being marketed as the cure for another.
Mark Zuckerberg directed a small team at Meta to build a prediction-market app called Arena, initially using fake money but with real-money wagering not ruled out.
Mark Zuckerberg has directed a small team to build a prediction-market app called Arena, starting with fake money but with real-money wagering firmly on the table. Kevin Roose and Casey Newton predict it will inevitably integrate into Instagram and Facebook — and that a company already mired in addiction lawsuits is now deliberately chasing gambling, the most reliably addictive behavior of all.
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