It is a truism that we live in the information age, yet on a day to day basis we engage remarkably little with insights on the personal information we create. Sure, Netflix shows you films you want to see, Amazon offers books you want to buy and Facebook shows you pictures of cats with boobs or whatever it is you tend to click on, but explicit purpose of that is to get your money. What about using all that data to gain insights on who you are, who your friends are, what you tend to talk about?
Prediction markets have the Republican nomination for President of the USA going to billionaire reality TV host and megalomaniac Donald Trump. On the other side of the aisle, self-described socialist Sanders is making Hillary Clinton’s campaign sweat. This isn’t “politics as usual” for anyone except the writers of The Simpsons. According to the party decides theory (or at least my interpretation of Nate Silver’s interpretation) the party, as a loose coalition of opinion forming individuals, can heavily weigh in on who gets nominated.