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Time magazine has named the Architects of AI as its 2025 Person of the Year, a decision that has sparked significant backlash from gamblers who lost out on semantics. The companies behind AI tools and infrastructure arent AI in the literal sense, so prediction markets Kalshi and Polymarket ruled that anyone betting on AI doesnt win. As author Parker Molloy pointed out on Bluesky, gamblers on the site are not pleased. Someone please explain to me how this is not a trick? one user complained after betting on billionaire Elon Musk on Kalshi. Person of the year is a singular title ThE aRcHiTeCtS oF AI, another user wrote. Fuck you pay me. Others remained insistent that the platform owes them a payout. This pretty clearly shouldve resolved to yes, one user wrote. If you bought AI, reach out to Kalshi support because AI is literally on the cover and in the title Architects of AI.’ On Kalshi, anyone who bet on any of the Architects of AIincluding Sam Altman, Elon Musk, Jensen Huang, Dario Amodei, Mark Zuckerberg, Lisa Su, and Demis Hassabisstill won the bet. Those who bet their products, however, did not. People who bet on this on Kalshi are not pleased. Lol— Parker Molloy (@parkermolloy.com) 2025-12-11T16:19:54.852Z Polymarket explained the decision in a note. This market is about the person/thing named as TIME’s Person of the Year for 2025, not what is depicted on the cover. Per the rules, If the Person of the Year is Donald Trump and the MAGA movement, this would qualify to resolve this market to Trump. However if the Person of the Year is The MAGA movement, this would not qualify to resolve this market to Trump regardless of whether Trump is depicted on the cover, it said. Accordingly, a Time cover which lists Architects of AI as the person of the year will not qualify for AI even if the letters AI are depicted on the cover, as AI itself is not specifically named. People spent more than $19 million betting on the Time Person of the Year on Kalshi and more than $55 million betting on the Time Person of the Year on Polymarket. I cant believe an unregulated gambling market let people bet frivolously and then took all their money, one Bluesky user mused.
Category:
E-Commerce
President Donald Trump was sued on Friday by preservationists asking a federal court to halt his White House ballroom project until it goes through multiple independent reviews and wins approval from Congress. The National Trust for Historic Preservation is asking the U.S. District Court to block Trumps White House ballroom project, which already has involved razing the East Wing, until it goes through comprehensive design reviews, environmental assessments, public comments, and congressional debate and ratification. The National Trust, a privately funded organization, argues that Trump, by fast-tracking the project, has committed multiple violations of the Administrative Procedures Act and the National Environmental Policy Act, while also exceeding his constitutional authority by not seeking congressional approval for a project of such scale. No president is legally allowed to tear down portions of the White House without any review whatsoevernot President Trump, not President Biden, and not anyone else, the lawsuit states. And no president is legally allowed to construct a ballroom on public property without giving the public the opportunity to weigh in. No more work should be done, the Trust argues, until administration officials complete the required reviewsreviews that should have taken place before the Defendants demolished the East Wing, and before they began construction of the Ballroomand secure the necessary approvals. White House press secretary Karoline Leavitt did not immediately respond to Associated Press questions about the lawsuit and the project, including whether the president had any intention of consulting Congress. Trump has emphasized since announcing his plans that hes doing it with private funding, including his own money. But that would not necessarily change how federal laws and procedures apply to what is still a U.S. government project. Trump, a Republican, already has bypassed the federal governments usual building practices and historical reviews with the East Wing demolition. He recently added another architectural firm for a ballroom that itself would be nearly twice the size of the White House before the East Wings demolition. Trump has said a ballroom is overdue for the White House, previously complaining that events were held outside under a tent because the East Room and the State Dining Room could not accommodate bigger crowds. Trump, among other complaints, said guests get their feet wet if it rains during such events. The White House is expected to submit plans for Trumps new ballroom to a federal planning commission before the year ends, about three months after construction began. Will Scharf, who was named by Trump as chairman of the National Capital Planning Commission, said at the panels monthly meeting last week that he was told by colleagues at the White House that the long-awaited plans would be filed in December. Once plans are submitted, thats really when the role of this commission, and its professional staff, will begin, said Scharf, who also is one of the Republican presidents top White House aides. He said the review process would happen at a normal and deliberative pace.” By Bill Barrow, Associated Press
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E-Commerce
The holiday season means time with family and new memories, but it can also mean lots of spendingsometimes too much. From gifts to travel plans to grocery shopping, costs can pile up and become overwhelming, especially in a difficult economic environment. Holiday shopping can bring joy, but its important to stick to a budget and avoid going into debt, said shopping expert Trae Bodge. Im really emphasizing that shoppers look for ways to save as much as possible this season. So we dont bring that debt into the next year, Bodge added. Here are some expert recommendations to make the most out of your budget this holiday season: Plan your gift list and shop around Planning your gifts as far in advance as possible can be a great way to save money, since it gives you more time to compare and shop around, said Kiersti Torok, a social media content creator known on Instagram and TikTok as Torok Coupon Hunter. Torok plans her shopping months in advance. She buys the chocolate and candy for her childrens Christmas stockings right after Halloween, when theyre on sale. And it’s not too early to think about next year her Christmas decorations are always bought on clearance, especially after Christmas. If you wait until two, maybe three, days after Christmas. Things will start to hit 75% off. And thats when I shop for my kids birthdays, because theyre in July, Torok said. Compare prices When youre looking to buy a gift, Bodge recommends comparing prices with other stores, looking for coupons, and signing up for emails from your favorite stores. That way, you can buy the item when its at its lowest price. Im always looking for maybe a coupon code, so I can save a certain percentage off. Or I can earn cash back or get a free shipping offer. I really believe in those tools and use them every single time I shop, Bodge said. To find deals more easily, Bodge recommends installing browser extensions on your computer. Some of her favorites are PayPal Honey and Rakuten. Lately, Bodge has also noticed the increasing use of artificial intelligence to both find holiday gift ideas and sales. However, AI search engines are not very good at finding up-to-date deals, she said. Bodge recommends that you search for deals on the stores website or on sites like RetailMeNot. If you cant find an item on sale, find a coupon, or wait to see if you can find it cheaper somewhere else. Save on groceries by using coupons If you’re the host of your family’s holiday celebration, you might be rushing between going to the grocery store, cooking a large meal and decorating your house. But, it’s best if you don’t let the holiday rush distract you from saving on groceries. Coupons are a great way to reduce costs so you can keep your meals on budget, and possibly use that money for other expenses. Most grocery stores offer coupons, either in paper form, on their website, or in their apps. Couponing can be time-consuming, but the tradeoff can be saving hundreds of dollars on groceries, according to Torok. If youre trying couponing for the first time, she recommends taking small steps. If youre looking to save money and you never couponed before, my biggest advice is to pick your favorite store youre most comfortable with and download their app, Torok said. Once you feel comfortable using coupons with your preferred store, Torok recommends that you start comparing prices with other stores near you. This way you can shop for the best deals and save money. If youre looking to maximize your savings, she also recommends taking advantage of websites that give you cash back on your grocery shopping. Examples include Top Cash Back and Ibotta. Buy in bulk and stock up on groceries When preparing for your big holiday meal, a useful tactic to save is to buy in bulk and then freeze it for when you need it, recommended Alli Powell, grocery shopping expert. Anything that you can stock up on and freeze at a (lower) price point, then take it out of the freezer to use later, itll be such a benefit. This is something I try to do year-round, said Powell, who hosts Grocery Getting Girl, a blog and Instagram page dedicated to budget-friendly grocery shopping. Large grocery stores typically offer sales around Thanksgiving, Christmas and New Years, and this can be a perfect opportunity to buy in bulk and put it away for another time, Powell said. Be careful with store credit cards and buy now, pay later deals Proceed with caution when it comes to acquiring store credits cards or making purchases using buy now, pay later. If youre shopping in person this holiday season, youll likely be offered a store credit card at checkout, often paired with a large discount on your current purchase. Bodge recommends that you only get a store credit card if you know you can pay it off in full each month and have good credit card habits. If theres a retailer that you shop with regularly and you are responsible with your credit cards, opening a credit card can be very beneficial, Bodge said. If you decide to acquire a store credit card, its important that you know how much interest will be charged. Store credit cards, like traditional credit cards, affect your credit score. Similarly, making purchases using buy now, pay later is only recommended when you are sure you can afford to make all the payments on time. Buy now, pay later loans were not previously reported to the three major credit reporting bureaus, but consumers will soon see the them impact their FICO credit scores. When it comes to travel, flexibility pays A common mistake when making travel plans is to not allow yourself much flexibility on your flights, said Kyle Potter, editor of Thrifty Traveler, a travel and flight deal website. To save money on your travel, first book the flights and then the rest of the accommodations, that way you can allow yourself to be as flexible as possible with the dates of your flights. Start with the flights first, becuse that gives you the freedom to shift your travel dates by even just a day. Especially over the holidays, Potter said. Potter recommends that you track prices and set alarms for flights on Google Flights. ___ The Associated Press receives support from Charles Schwab Foundation for educational and explanatory reporting to improve financial literacy. The independent foundation is separate from Charles Schwab and Co. Inc. The AP is solely responsible for its journalism. Adriana Morga, Associated Press
Category:
E-Commerce
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