Monthly trading volume in prediction markets surged from under $100 million in early 2024 to over $13 billion by the end of ...
Prediction market advocates argue that the wisdom of the crowd is better at predicting outcomes than a small group of experts ...
Kalshi's markets aggregate information from diverse traders with financial incentives, creating a "wisdom of the crowd" ...
Recently, researchers from the Institute of Urban Meteorology, China Meteorological Administration, have combined data from ...
NOAA is using those traditional forecasting models as frameworks for its new AI forecasting systems. The agency has estimated that the AI programs will require between 91% and 99% less computing ...
The models were built and deployed by NOAA's Environmental Modeling Center in coordination with the National Weather Service. A spokesperson for the service, Erica Grow Cei, ...