In my opinion, the applications of prediction markets are much more general than these. I have a bunch of AI safety inspired markets up on Manifold and Metaculus. I’d say the main purpose of these markets is to direct future research and study. I’d phrase this use of markets as “A sub-field prioritization tool”. The hope is that markets would help me integrate information such as (1) methodology’s scalability e.g. in terms of data, compute, generalizability (2) research directions’ rate of progress (3) diffusion of a given research direction through the rest of academia, and applications.
In my opinion, the applications of prediction markets are much more general than these. I have a bunch of AI safety inspired markets up on Manifold and Metaculus. I’d say the main purpose of these markets is to direct future research and study. I’d phrase this use of markets as “A sub-field prioritization tool”. The hope is that markets would help me integrate information such as (1) methodology’s scalability e.g. in terms of data, compute, generalizability (2) research directions’ rate of progress (3) diffusion of a given research direction through the rest of academia, and applications.
Here are a few more markets to give a sense of what other AI research-related markets are out there: Google Chatbot, $100M open-source model, retrieval in gpt-4