Lewis Sheperd (the Chief Technology Officer of Microsoft’s Institute for Advanced Technology in Governments):
Indeed, it appears to me that [prediction markets] are growing not from corporate or government use, but mostly organically from within academia, stock-futures circles and political-junkie communities. I’-m reading the interesting variety of writers and prediction-marketeers at Midas Oracle, which brings together widely ranging posts from faculty members at Harvard and other universities, daytraders, and even a few “amateurs.”
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Lewis Sheperd notes in his post that a number of for-profit companies (like Google and General Electric) are using private prediction markets (a.k.a. enterprise prediction markets). Non-for-profit organizations (like governmental agencies) would do great, too, using the same forecasting tool —-an “-information aggregation mechanism”- (IAM), more exactly.
Robin Hanson, instead of boring us with philosophy, go evangelizing that newbie.
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UPDATE: Yes, he is willing to learn. See his comment.
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