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Robin Hanson on Prediction Markets, Gambling, and the Future of Forecasting

The a16z Show

Published
May 26, 2026
Duration
27:55
Summary source
description
Last updated
Jun 24, 2026

Discusses Theo Jaffee and Sophia Puccini speak with economist Robin Hanson about prediction markets, gambling,…

Summary

Theo Jaffee and Sophia Puccini speak with economist Robin Hanson about prediction markets, gambling, and why he believes speculative markets are one of the most powerful tools humans have for aggregating information and forecasting outcomes. The conversation begins with Minnesota’s recent law criminalizing prediction markets before expanding into the broa…

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Show notes

Theo Jaffee and Sophia Puccini speak with economist Robin Hanson about prediction markets, gambling, and why he believes speculative markets are one of the most powerful tools humans have for aggregating information and forecasting outcomes. The conversation begins with Minnesota’s recent law criminalizing prediction markets before expanding into the broader backlash surrounding platforms like Kalshi and Polymarket. Hanson explains his long-term vision for “decision markets,” where markets could