Rune Kvist says prediction markets aggregate existing information, whereas third-party audits can help generate information that does not yet exist for a specific question.

“that information may not exist anywhere. So prediction markets aggregate existing information.”

“this information may not exist and you want something very specific and you're willing to pay for it that's kind of where third-party audit comes in we also don't really use prediction markets to figure out whether public companies have committed fraud on their books you use audits you probably could but the information is just not that available and if so it would be like just trading on vibes i actually would have been really interesting to see whether prediction markets 2001 were predicted and run”