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ICYMI - Prediction Markets Are Coming for Everything We Love

Slate Daily Feed

Slate

Society & Culture, Business, News

3.91.1K Ratings

🗓️ 15 July 2026

⏱️ 36 minutes

🧾️ Download transcript

Summary

Platforms like Kalshi and Polymarket have expanded from letting people bet on just sports to everything from political events to reality TV, and even the weather. But by injecting financial incentives into things like disease outbreaks, we’re even more susceptible to bad actors and manipulation. On today’s episode, host Kate Lindsay is joined by creator Austin Evans to talk about the spread of prediction markets, and how a tool once believed to help us make sense of society ended up making everything even more chaotic.  


***GET TICKETS TO OUR LIVE SHOW HERE!!!!***


This podcast is produced by Vic Whitley-Berry, Daisy Rosario, and Kate Lindsay.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, I'm Kate Lindsay, and you're listening to I-C-Y-M-I, or in case you missed it, Slate's podcast about internet culture.

0:21.1

And today on the show, I am joined by Austin Evans.

0:24.7

Welcome, Austin.

0:25.9

Hello, hello.

0:26.5

Thank you for having me.

0:27.6

Austin is a content creator who covers tech.

0:30.9

The video that brought him here today is titled, quote, the biggest legal scam ever.

0:35.7

But before I revealed to you just what that scam is,

0:38.8

we have to ask Austin the question.

0:40.8

We ask all first time guests,

0:42.4

which is what is your earliest internet memory?

0:51.8

Oh, man.

0:52.9

For me, it was about Pokemon.

0:56.0

I remember the early days when the third generation of games were coming out.

1:01.0

And this is back in the days where like Pokemon games would launch like a year in advance in Japan.

1:05.0

And I remember like going to like the library and like trying to like find any information about these new games that were coming out.

1:11.6

And I remember I printed them out and I brought them home and I would like bring them to school. I'm like, oh my gosh, the next game's going to be in color. It's like there's like more than three colors. I was so excited. Pokemon Paul Revere. You were like, I have the info. I must share it. Yes. Yes. My formative Pokemon memory, I remember I got a Game Boy for Christmas.

1:30.2

I was probably around. Yes, yes. My formative Pokemon memory, I remember I got a Game Boy for Christmas.

1:30.2

I was probably around eight, eight or nine.

1:33.4

And we lived in the UK at the time.

1:35.0

And so we were taking what's known as the Channel, the train from England to France or vice versa.

1:40.0

And I've been playing Pokemon the entire time.

...

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