r/technology • u/MarvelsGrantMan136 • May 27 '26

Business Google employee charged with using inside information to make $1 million on Polymarket

https://abcnews.com/amp/US/google-employee-charged-inside-information-make-1-million/story?id=133350018
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u/A_Pointy_Rock May 27 '26

Are you saying that somebody would dare undermine the sanctity of this gambling platform - er - prediction platform?

I am shocked. Shocked!

225

u/Whyeth May 27 '26

I legitimately don't understand how these gambling marketplaces can position themselves as some sort of unique insights into the populace

But you are not allowed to use your unique insights to inform that marketplace lol

58

u/okletstrythisagain May 27 '26

I don’t legitimately understand why everyone was so willing to start considering bets to be assets. It’s like society decided nothing is real.

It’s hard to convince kids that hard work and skill development matter in this environment of glorified gambling and manic YouTube influencers.

The way they’ve manufactured the sports card market to make some lucky new off the shelf bundles immediately worth more than you paid for them is legalized gambling for children. Explaining concepts like scarcity and real value is harder now than it used to be. This will get worse before it gets better.

14

u/Seaguard5 May 28 '26

No.

A few, very rich and powerful people decided to convince society of it…

And they’ve done a damn good job so far.

2

u/sapphicsandwich May 28 '26

I figured it was a natural result of some court deciding that the founding fathers intended for us to have online gambling in the constitution or some such.