Meta is working on an AI-powered prediction market app
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Meta CEO Mark Zuckerberg has instructed a team to start building a standalone app called Arena where people can guess the outcome of real-world events, according to two employees who were not authorized to speak publicly about the project. Meta's plans to build a prediction market app were first reported by The New York Times. NPR obtained internal Meta documents about the effort that have not been previously reported. The documents describe how instead of wagering real money, users of the new app will receive "a daily virtual allotment" of "play money" that can be used to bet on "the outcome of future events." Caption from article by Bobby Allyn, NPR. “AI Dave” is part of a weekly AI series supported by funding from Omidyar Network.
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