Online Gamblers Angry Over Losing Time Person Of The Year Bet
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Online Gamblers Angry Over Losing Time Person Of The Year Bet
"Time Magazine revealed its Person of the Year for 2025. It wasn't one person, but many different people who are all at the helm of pushing AI technology. This has caused some prediction market gamblers who had bet on AI itself earning the distinction to start yelling a lot online. It's very funny, but also a horrible glimpse at our bet-on-everything future."
"On the prediction market website Kalshi, nearly $20 million worth of betting happened over who would be Time's Person of the Year. One popular option that many bet on was AI. So when Kalshi called the bet and listed the specific people the magazine had named as the "Architects of AI" as the winners, but not AI itself, a lot of people were angry. They believed that AI was also the winner as it was named directly."
Time Magazine named seven individuals as the 2025 Person of the Year, labeling them the "Architects of AI" and issuing two different covers. The named group includes prominent figures such as Elon Musk, Nvidia's Jensen Huang, and OpenAI's Sam Altman. 2025 marked a year when AI capabilities and societal impact visibly accelerated. Nearly $20 million in bets on Kalshi targeted the Person of the Year outcome, with many wagers placed specifically on "AI." Kalshi settled on the named individuals rather than the abstract "AI," provoking anger, confusion, and amplified online reaction.
Read at Kotaku
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