Meta Prediction Market App Push Puts Polymarket Model In Big Tech Spotlight
Meta Prediction Market App Push Puts Polymarket Model In Big Tech Spotlight TL;DR Meta is reportedly building a standalone prediction market app inte
ComputerWorld AI·
An extensive program at Meta to gather a wide range of data from employees to train its AI model has been frozen after employees reportedly broke through its guardrails and accessed restricted data, and then did so again after Meta claimed to have fixed the vulnerability. Whether or not the data collection by the $201 billion owner of Facebook was a good idea, analysts argue that the data protections deployed were woefully inadequate, given the extreme sensitive nature of the collected data. “Meta had the resources to get it right, and yet they failed exponentially,” said Karianne Michelle, a director with consulting firm Acceligence. “That is what it looks like when the policy decision and the technical execution are happening in two different rooms that are not fully in sync. It is the kind of gap you see often enough at organizations under structural strain.” Fritz Jean-Louis, principal cybersecurity advisor at Info-Tech Research Group, agreed. “What we just observed from the Meta
Read full articleMeta Prediction Market App Push Puts Polymarket Model In Big Tech Spotlight TL;DR Meta is reportedly building a standalone prediction market app inte
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Arena revives Meta's earlier attempt at prediction markets after the shutdown of its Forecast app in 2022.
Prediction markets are one of the fastest-growing sectors of the digital economy, and Meta is apparently getting ready to enter it. An internal team has been assigned by CEO Mark Zuckerberg to create a stand-alone platform called Arena. It will function independently of Meta’s core products, such as Facebook, Instagram,
Meta chief executive Mark Zuckerberg has directed employees to develop a prediction markets app called Arena that would operate separately from the company’s existing social media products, The New York Times reported on Tuesday, citing two employees familiar with the…
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