news arb is fully exploited in tradfi but prediction markets have a much lower bar
one second-order effect of pms might be that we'll see way more boutique quant firms as the entry bar lowers
imagine how many college students are building polymarket bots from their dorms rn
https://x.com/iatskar/status/2059330774004805972?s=46&t=hr2fbvcHJGpvp_SbDstdzg
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