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Nov 20

Epistemic Capitalism: Prediction Markets as Decentralized Engines of Truth

By Luke W Riddle Sr Abstract Prediction markets are redefining how society generates, verifies, and disseminates knowledge in an increasingly decentralized and data-driven world. Historically, centralized institutions—governments, academia, and religious organizations—have acted as gatekeepers of truth, controlling knowledge production and validation. The advent of blockchain technology, artificial intelligence (AI), and Web3 innovations offers an alternative model that democratizes knowledge...

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