FORAXION TIMESOCTOBER 2026

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2026-09-15The Forecasting Machine

“Those markets are killed forever”: Servan-Schreiber on insider trading and the truth-machine problem

In an interview with Compliance+More on 15 September 2026, Émile Servan-Schreiber argued that suspected insider trading damages the product itself, not just compliance. It drives informed traders out of real-money prediction markets, and play money removes the incentive to rig outcomes.

2026-08-24The Forecasting Machine

“Prediction People”: Servan-Schreiber on why money builds the business but not the forecast

In Stuart Crowley’s “Prediction People” interview, published on 24 August 2026, Émile Servan-Schreiber separated the forecasting mechanism from the business model. He also talked about forecasters who have kept playing for 25 years, AI competing with his own product, and why governments should use crowd forecasts.

2026-08-22The Forecasting Machine

A 2017 field guide to prediction markets for foresight, reread in 2026

Futuribles International has made Émile Servan-Schreiber’s 14-page toolbox on prediction markets free to download. Written in 2017 for foresight practitioners, its practical rules still hold, and its list of research frontiers reads differently now that AI forecasting exists.

2026-08-03The Forecasting Machine

Play money, same ballpark: Hypermind’s 12-year accuracy benchmark against Polymarket and Kalshi

Hypermind published the data from 1,141 play-money markets resolved since 2014 and compared them with Polymarket and Kalshi. The report concludes the three are at parity, and an independent commentator agreed that parity, not victory, is the defensible reading.

2026-07-08The Forecasting Machine

Prediction markets can work without money on the line: Servan-Schreiber in Bloomberg Opinion

In a Bloomberg Opinion essay on 8 July 2026, Émile Servan-Schreiber revisited a 2003 wager with Justin Wolfers over French and California wine. The bet became a study showing that play-money and real-money markets forecast American football equally well, and he argued that design, not money, drives accuracy.

2026-01-01The Forecasting Machine

Eleven and a half years of Hypermind forecasts: does a 70% price come true 70% of the time?

Émile Servan-Schreiber recomputed the calibration of the Hypermind prediction market over 1,041 questions resolved from 2014 to the end of 2025. Here is what calibration means and how the result compares with earlier snapshots.

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