Lawyer Michelle May O’Neil speaks at SXSW 2026.
Now every adversary and terrorist group in the world can easily access war markets that are far more advanced than what the DOD ginned up two decades ago. What makes Polymarket’s entrance into warfare so troubling is not just potential insider trading from users like “magamyman.” If governments are eyeing Polymarket for signs of an impending attack, they can also be led astray. A government or another sophisticated actor wouldn’t need to spend much money to massively swing the Polymarket odds on whether a Gulf state will imminently strike Iran—breeding panic and paranoia. More fundamentally, prediction markets risk warping the basic incentives of war, Goldenberg said. He gave the example of a Ukrainian military commander making less than $1,000 a month, who could place bets that go against his own military’s objective. “Maybe you choose to retreat a day early because you can double, triple, or quadruple your money and then send that back to your family,” he said.
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Qatar announced Friday it would partially resume flights for passenger evacuations and cargo through designated contingency routes. Dubai Airports, which runs the UAE city’s main airports, said it has facilitated more than 1,140 flights over the past three and a half days and was adding more daily.