In a recent Science article, Prof. Nizan Geslevich Packin and Dr. Sharon Rabinovitch explore how prediction markets have become harmful in terms of gambling and from a democratic standpoint.

The article argues that commercial prediction markets have drifted far from their original role as research tools.

The authors warn that these platforms now resemble gamified trading environments that can encourage manipulation, amplify false signals, and blur the line between information and influence.

The article is especially concerned with democratic and public health risks. It points to the potential for electoral manipulation, sensitive insider trading, and addictive design features that make prediction markets look increasingly like gambling products.

You can read the full article on Science