Meta reportedly developing predictions market app "Arena" for betting on Facebook, Instagram, and WhatsApp
By
AJ Dellinger
Summary
Meta is reportedly developing a predictions market app called "Arena" that would allow users on Facebook, Instagram, and WhatsApp to place bets on various topics, following the success of platforms like Kalshi and Polymarket. The article argues this is another instance of Meta copying successful competitors, and frames it as part of Mark Zuckerberg's pattern of betting on users' worst instincts for profit, referencing past controversies like the Cambridge Analytica scandal and the company's history of prioritizing engagement over user well-being.
Source
bskyMeta reportedly developing predictions market app "Arena" for betting on Facebook, Instagram, and WhatsAppgizmodo.comKey quotes
· 3 pulledIt's another example of Mark Zuckerberg's company flipping to its favorite page in the playbook—but not the one you think.
Arena is unmistakably another case of Meta copying a successful app and hoping its k
Betting on People's Worst Instincts Has Kind of Always Been Mark Zuckerberg's Thing
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