I wrote a piece for @businessweek.bsky.social that explores whether prediction markets, suddenly ubiquitous in political discourse, are susceptible to manipulation; if it's happening already; and what it means when democracy and billion-dollar markets collide.
www.bloomberg.com/news/feature...
bloomberg.com
How a Few Hundred Dollars Could Manipulate Election Prediction Markets
Touted as a truth serum for political forecasting, they’re vulnerable to distortion, sometimes at surprisingly low cost.