Prediction Markets: Gambling or Investing?
- Jul 29, 2026
- 0:57
- Short
Are prediction markets changing how we think about betting and forecasting? Abraham Wyner, Wharton Professor of Statistics and Data Science, explains why prediction markets blur the line between gambling and investing, and why regulation will shape their future.
AI can speed up growth, but it can also magnify poor decisions.
Raghu Iyengar, Wharton Marketing Professor and Academic Director of Wharton’s Chief Revenue Officer Program, explains why chief revenue officers must evaluate AI investments carefully, measure ROI, and balance risk with return.
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Brief Summary
The episode compares gambling to the stock market, highlighting their structural similarities and the nature of betting involved.
Key points
- The Stock Market as Gambling. Exploring the parallels between stock trading and gambling.





