Please Enjoy Laughing at the Prediction Markets, in Full Meltdown, After Time's "Person of the Year" Reveal
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Please Enjoy Laughing at the Prediction Markets, in Full Meltdown, After Time's "Person of the Year" Reveal
"Besides blocking users from reading its website with an AI chatbot, the magazine anointed the "architects of AI" as its most important visionaries of 2025, eschewing the definition of "person" yet again. The eyeroll-inducing announcement was met with plenty of incredulity, especially considering the astronomical amount of money being spent on building out data centers, their enormous carbon footprint, and a whole litany of other ethical conundrums that the embrace of generative AI has spawned."
"One online group was particularly irked by Time's announcement. As author Parker Molloy pointed out on Bluesky, those who bet on who would be named "Person of the Year" on prediction markets were absolutely furious - perfectly illustrating the risks of throwing money at unregulated gambling websites. "Someone please explain to me how this is not a trick?" one user complained after betting on billionaire Elon Musk on Kalshi. "Person of the year is a singular title...""
Time Magazine blocked AI chatbots from accessing its website and named the 'architects of AI' as its 2025 Person of the Year, adopting a non-literal definition of 'person'. The announcement provoked disbelief given the large investments in data centers, their carbon footprint, and ethical issues arising from generative AI. Users on prediction markets who bet on specific individuals or on 'AI' were outraged when outcomes did not match payout expectations, generating disputes and complaints about gambling platform resolution. The betting market drove nearly $20 million in wagers since early November 2024, exposing tensions between editorial decisions and market rules.
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