Incentivize Long-Term Thinking: I believe that decade-plus prediction markets promote a culture of long-term planning and foresight, which is essential in addressing evolving challenges.
Gauge Future Trends and Technologies: Long-term prediction markets can be a valuable tool to anticipate and prepare for future technological, economic, and sociopolitical shifts and emerging trends.
Accountability and Review: With decade-plus prediction markets, there's an opportunity to revisit past predictions and hold forecasters accountable. This historical reflection can lead to improved forecasting methodologies.
Risk Management and Investment: These markets can serve as a guide for long-term investments and risk management strategies. By understanding potential outcomes businesses, governments, and individuals can make more informed decisions.