Prediction Market Pioneers Question the Volume Boom on NEXTPredict New York’s First Day

Researchers who helped build prediction markets told NEXTPredict Summit New York on October 22 that the industry’s boom is not necessarily producing better forecasts. The two-day conference at Convene at 30 Hudson Yards drew 2,500 attendees and 200 speakers across five stages, by its organizer’s count. NEXTPredict, which NEXT.io launched as a media brand and conference in April 2026, counts Morgan Stanley as its strategic partner. David Rothschild of Microsoft Research said growth is “driven towards volume” and “not necessarily optimized towards accuracy.” Hours earlier, David Miller, director of the Commodity Futures Trading Commission’s Division of Enforcement, told the main…