What happens when we can bet on anything?

From the Golden Globes, to global conflicts, to elections, prediction markets have moved into the mainstream. What happens when we can bet on anything? What are the cultural impacts of that? This hour, we take stock of the status of prediction markets, and look at what they might do to politics and polling. Plus, a look at the "Wisdom of Crowds". GUESTS: Kate Knibbs: Senior Writer at WIRED Danny Funt: Reporter and author of Everybody Loses: The Tumultuous Rise of American Sports Gambling Sarah Hughes-Berheim: Postdoctoral researcher in the Special Education Department at Vanderbilt University James Surowiecki: Journalist and author of The Wisdom of Crowds Music featured (in order): Future Lover – Thee Sacred Souls Everybody Knows – Leonard Cohen Something’s Gotta Give – Sammy Davis Jr. We Can’t Predict the Future – The Flaming Lips What Comes Next? – Jonathan Groff, Hamilton A Hard Rain's A-Gonna Fall – Bob Dylan Support the show: http://www.wnpr.org/donateSee omnystudio.com/listener for privacy information.