Podcast Guide
Cover art for Decoder with Nilay Patel

Prediction markets want to be the news

Decoder with Nilay Patel

Published
March 5, 2026
Duration
45:24
Summary source
description
Last updated
Apr 29, 2026

Discusses Today let’s talk about prediction markets, which continue to insert themselves into the news cycle a…

Summary

Today let’s talk about prediction markets, which continue to insert themselves into the news cycle and the news in increasingly weird, unsettling, and potentially illegal ways. My guest today is Liz Lopatto, a senior reporter at The Verge who owns what we cheerfully call the chaos beat. Liz has been writing a lot about prediction markets lately and especi…

Show notes

Today let’s talk about prediction markets, which continue to insert themselves into the news cycle and the news in increasingly weird, unsettling, and potentially illegal ways. My guest today is Liz Lopatto, a senior reporter at The Verge who owns what we cheerfully call the chaos beat. Liz has been writing a lot about prediction markets lately and especially why they all seem so intent on being perceived as sources of news — a position which directly incentivizes insider trading. That in turn c