← Cockpit
242_032predictionLabor/JobsAI-scaling

AI will do the job for 2% of the cost of a human in the near term

Predictor: Dave Blundin · ep#242 "Elon Enters the Chip Race, the S&P 500 Repricing, and Human Drivers Will Become Illegal | EP #242" · source

Prior probability
60.0%
Current probability
46.1%
evolves via intake + LBP
Conviction
4/5
Signal quality
B
Resolution
pending
Window
2026-04-30 – 2029-03-31
Edges in / out
11 / 5
Tickers exposed
37

Prediction text

AI will do the job for 2% of the cost of a human in the near term | AI can do the job for 10%, soon to be 2% of the cost of the human

Watch events: BLS employment reports; tech layoff trackers; Underemployment rate; Yang quarterly updates

Verbatim quote

From episode "Elon Enters the Chip Race, the S&P 500 Repricing, and Human Drivers Will Become Illegal | EP #242"
AI can do the job for 10%, soon to be 2% of the cost of the human

Predictor: Dave Blundin

κ + Brier as of 2026-05-22
κ (discount)
0.821
Brier
0.0491
excellent
Hits / Misses
3 / 2
of 9 resolved
Hit rate
33.3%
Calibration plot (stated vs observed)

Evidence about this node from Dave Blundin is multiplied by κ in /api/intake. Lower κ = less weight; floors at 0.10 (effectively silenced) and caps at 1.00 (full weight).

Reference class

Not linked

This node isn't linked to a reference class. The Bayesian update applies without outside-view blending.

Probability over time

5 prob_history rows
0%25%50%75%100%prior 60%2026-04-302026-05-032026-05-17
intake v2milestone miss sweeplbp propagationreference class assignedlegacy v1prior_prob (analyst seed)current = 46.1%

Milestone chain

Pre-event signals (upstream prereqs + window checkpoints) → resolution event → downstream cascades. Status/dates update from linked nodes; re-derive nightly via scripts/ops/derive_milestones.py.
Leading chain: 6 fired ✓ · 4 pending
  1. 2026-03-06hitAnthropic Economic Index publishes job-by-job AI feasibility map
    How: Anthropic publishes detailed map of which jobs AI can perform with feasibility scoring; Fortune coverage confirms
    Source: https://fortune.com/2026/03/06/ai-job-losses-report-anthropic-research-great-recession-for-white-collar-workers/conf 95%
  2. 2026-03-31hitInference cost-per-million-tokens drops below $0.50 for GPT-4-class capability
    How: Stanford AI Index / NVIDIA AI Factories benchmark shows GPT-4-equivalent capability available at <$0.50/1M tokens (vs $20 in late 2022)
    Source: https://blogs.nvidia.com/blog/lowest-token-cost-ai-factories/conf 95%
    Notes: HIT — GPT-4-equiv now $0.40/1M tokens (50x decline). Inference economics support 'cost approaches electricity' thesis.
  3. 2026-06-30 → 2026-12-31pendingAI-driven layoffs cited in BLS Challenger report cross 100K cumulative in 2026
    How: Challenger Gray AI-attributed layoff cumulative count exceeds 100K in calendar 2026 (vs ~55K in 2025)
    Source: https://fortune.com/2026/03/09/ai-layoffs-unemployment-insurance-benefits-systems-bls/conf 70%
  4. 2026-09-01 → 2027-12-31pendingCustomer-service / call-center labor cost displaced >50% in at least one Fortune 500 case study
    How: Fortune 500 company publicly discloses >50% reduction in customer-service headcount with explicit AI substitution and per-interaction cost reduction documented
    Source: https://www.cnbc.com/2025/11/04/white-collar-layoffs-ai-cost-cutting-tariffs.htmlconf 70%
  5. 2027-06-01 → 2028-12-31pendingMedian knowledge-work labor cost ratio (AI:human) falls below 5%
    How: Industry analyst (McKinsey, BCG, Bain) publishes per-task cost-comparison study showing AI-delivered knowledge work at <5% of human labor cost for matched task quality
    Source: https://aimultiple.com/ai-job-lossconf 50%
    Notes: Blundin's '2%' claim is aggressive; 5% is the falsifiable midpoint with consultancy backing.

What if this resolves?

Clamp this prediction TRUE or FALSE and run a counterfactual Gibbs sample. Surfaces the predictions whose marginals shift most under that assumption.
(live posterior: 46%)

Click a button to clamp this prediction and run a Gibbs sample. Returns the predictions whose marginals shift most. ~30s per run; ideal for stress-testing "if X resolves, what else moves?"

Evidence chain

Every probability update with full Bayesian provenance — chronological, latest first
LBP2026-05-17T02:00:01Z46.1%-1.0pp
Network propagation: 47.2% → 46.1%
5-iter LBP, residual 0.00689 · damping 0.5, w_intrinsic 0.5 · method lbp_v3 · run e607fa96
LBP2026-05-10T02:00:02Z47.2%-2.0pp
Network propagation: 49.2% → 47.2%
6-iter LBP, residual 0.00584 · damping 0.5, w_intrinsic 0.5 · method lbp_v3 · run e5c18d29
LBP2026-05-03T02:00:01Z49.2%-3.8pp
Network propagation: 52.9% → 49.2%
6-iter LBP, residual 0.00677 · damping 0.5, w_intrinsic 0.5 · method lbp_v3 · run 1a683ac9
LBP2026-04-30T16:39:51Z52.9%-2.9pp
Network propagation: 55.8% → 52.9%
5-iter LBP, residual 0.00825 · damping 0.5, w_intrinsic 0.5 · method lbp_v2 · run 0c8a4ea3
LBP2026-04-30T02:18:57Z55.8%-4.2pp
Network propagation: 60.0% → 55.8%
5-iter LBP, residual 0.00825 · damping 0.5, w_intrinsic 0.5 · method lbp_v1 · run 592311ef

Network propagation neighbors

Top edges sorted by latest LBP cross-impact
All propagation →

Top incoming (parents)

Edges that influence THIS node's belief

KindNodeTheir probP(c|s=T)P(c|s=F)Δ implied
prereqS_AGI_MID_2029
AGI mid: Kurzweil 2029 path
35.0%0.6000.050-0.219
killerTK03
AI Regulatory Moratorium (EU/US Capability Freeze)
10.0%0.0500.600+0.084
killerTK02
AI Compute Supply Shock (TSMC/Taiwan Disruption)
12.0%0.0500.600+0.073
prereqSEM_014
Nvidia's Arizona-based TSMC factory successfully fabricated Jensen Huang
86.1%0.6000.050+0.057
killerTK01
AGI Capability Plateau (2026-27 Training Stall)
15.0%0.0500.600+0.056

Top outgoing (children)

Predictions THIS node influences

KindNodeTheir probP(c|s=T)P(c|s=F)Δ implied
prereq232_057
First person to arrive on moon/Mars will find bed made by OpDave Blundin
34.8%0.6000.050-0.047
prereq242_023
World will have 10x more wealth around 2034-2036Dave Blundin
34.2%0.6000.050-0.041
prereq246_016
Dragonfly nuclear-powered octicopter arrives at Titan in 203Peter Diamandis
35.6%0.6500.050-0.033
prereq230_020
Peter's 14-year-old son Milan will never get a driver's licePeter Diamandis
34.7%0.6500.050-0.023
prereq240_036
TEPCO's restarted reactor will support 20% of Japan's electrPeter Diamandis
34.3%0.6500.050-0.019

Ticker exposure

37 ticker(s) linked

Beneficiaries (24)

MUWULFIRENEQIXALABAPLDASMIYASMLPLABNVDANBISCRWVAAPLAMTAMZNDELLGOOGLIRMLNVGYMETAMSFTORCLSFTBYSTX

Adverse (6)

ACNGENCHGGIBMWNSLRN

Prerequisites (11)

Predictions that must hit first
TypePredTitleDomainLag
prereqSEM_011Nvidia became the world's first $5 trillion company (late 2025), operating a near-monopoly on advanced AI chips.Capital Markets
prereqSEM_027Nvidia Data Center revenue +66% YoY, contributing ~90% of $57B fiscal Q3 revenue; >$4.5T market cap entirely underpinned by AI silicon.Capital Markets
prereqSEM_014Nvidia's Arizona-based TSMC factory successfully fabricated cutting-edge semiconductors on US soil for first time in decades (October 2025).Manufacturing
prereqSEM_012Nvidia quadrupled chip production output while only doubling human headcount — achieved by deploying AI coding tools (Cursor, Claude Code) across engineering.AI/Manufacturing
prereqSEM_015Nvidia agreed to remit 15% of China chip-sale revenue directly to US government in exchange for reversing specific AI chip export bans.Policy/Semis
prereqS_AGI_MID_2029AGI mid: Kurzweil 2029 pathagi_general_capability
killerTK09Energy Grid Cap (Data Center Power Wall)
killerTK05Rate Regime Persistence (10y > 5% through 2028)
killerTK01AGI Capability Plateau (2026-27 Training Stall)
killerTK02AI Compute Supply Shock (TSMC/Taiwan Disruption)
killerTK03AI Regulatory Moratorium (EU/US Capability Freeze)

Dependents (5)

Predictions enabled by this
TypePredTitleDomainLag
prereq230_020Peter's 14-year-old son Milan will never get a driver's license.Auto/Transport
prereq246_016Dragonfly nuclear-powered octicopter arrives at Titan in 2034.Space
prereq240_036TEPCO's restarted reactor will support 20% of Japan's electric needs by 2040Energy
prereq232_057First person to arrive on moon/Mars will find bed made by Optimus robots; robots not astronauts lead exploration.Robotics
prereq242_023World will have 10x more wealth around 2034-2036Macro/Economy

Linked documents (3)

Auto-generated by cosine similarity from Polymarket / Manifold / EDGAR / GDELT
SimSourceTitleMarket probPolarityReviewedPublished
0.639manifoldWill Bernie's 50% AI tax pass?6%mentionspending2026-06-03
0.626manifold[snigus] Will I convince Destiny that managing AI-risk should be in top 2 policy priority of his?35%mentionspending2026-05-31
0.602manifoldDo you like 2% odds?2%mentionspending2026-05-18

Raw metadata

From Thesis_Timeline_v1.0_FINAL workbook
{
  "nia": false,
  "qty": "2% of human cost",
  "url": "https://www.youtube.com/watch?v=wMLcIWLlcWg",
  "mode": "FORECAST",
  "role": "Host",
  "context": "AI can do the job for 10%, soon to be 2% of the cost of the human",
  "verbatim": "AI can do the job for 10%, soon to be 2% of the cost of the human",
  "conv_cues": "soon to be",
  "direction": "DOWN",
  "timeframe": "near term",
  "conv_level": "HIGH",
  "milestones": [
    {
      "kind": "llm_pre_event",
      "label": "Anthropic Economic Index publishes job-by-job AI feasibility map",
      "source": "https://fortune.com/2026/03/06/ai-job-losses-report-anthropic-research-great-recession-for-white-collar-workers/",
      "status": "hit",
      "weight": 0.4,
      "ordinal": -10,
      "source_id": null,
      "confidence": 0.95,
      "source_url": "https://fortune.com/2026/03/06/ai-job-losses-report-anthropic-research-great-recession-for-white-collar-workers/",
      "expected_date": "2026-03-06",
      "observed_date": "2026-03-06",
      "research_origin": "deep_research",
      "measurement_criterion": "Anthropic publishes detailed map of which jobs AI can perform with feasibility scoring; Fortune coverage confirms"
    },
    {
      "kind": "llm_pre_event",
      "label": "Inference cost-per-million-tokens drops below $0.50 for GPT-4-class capability",
      "notes": "HIT — GPT-4-equiv now $0.40/1M tokens (50x decline). Inference economics support 'cost approaches electricity' thesis.",
      "source": "https://blogs.nvidia.com/blog/lowest-token-cost-ai-factories/",
      "status": "hit",
      "weight": 0.4,
      "ordinal": -9,
      "source_id": null,
      "confidence": 0.95,
      "source_url": "https://blogs.nvidia.com/blog/lowest-token-cost-ai-factories/",
      "expected_date": "2026-03-31",
      "observed_date": "2026-03-31",
      "research_origin": "deep_research",
      "measurement_criterion": "Stanford AI Index / NVIDIA AI Factories benchmark shows GPT-4-equivalent capability available at <$0.50/1M tokens (vs $20 in late 2022)"
    },
    {
      "kind": "prereq",
      "label": "Nvidia became the world's first $5 trillion company (late 2025), operating a near-monopoly on advanced AI chips.",
      "status": "hit",
      "weight": 0.5,
      "ordinal": -8,
      "source_id": "SEM_011",
      "expected_date": "2026-04-29",
      "observed_date": "2026-04-29"
    },
    {
      "kind": "prereq",
      "label": "Nvidia Data Center revenue +66% YoY, contributing ~90% of $57B fiscal Q3 revenue; >$4.5T market cap entirely underpinned by AI silicon.",
      "status": "hit",
      "weight": 0.5,
      "ordinal": -7,
      "source_id": "SEM_027",
      "expected_date": "2026-04-29",
      "observed_date": "2026-04-29"
    },
    {
      "kind": "prereq",
      "label": "Nvidia's Arizona-based TSMC factory successfully fabricated cutting-edge semiconductors on US soil for first time in decades (October 2025).",
      "status": "hit",
      "weight": 0.5,
      "ordinal": -6,
      "source_id": "SEM_014",
      "expected_date": "2026-04-29",
      "observed_date": "2026-04-29"
    },
    {
      "kind": "prereq",
      "label": "Nvidia quadrupled chip production output while only doubling human headcount — achieved by deploying AI coding tools (Cursor, Claude Code) a",
      "status": "hit",
      "weight": 0.5,
      "ordinal": -5,
      "source_id": "SEM_012",
      "expected_date": "2026-04-29",
      "observed_date": "2026-04-29"
    },
    {
      "kind": "prereq",
      "label": "Nvidia agreed to remit 15% of China chip-sale revenue directly to US government in exchange for reversing specific AI chip export bans.",
      "status": "pending",
      "weight": 0.5,
      "ordinal": -4,
      "source_id": "SEM_015",
      "expected_date": "2026-06-25",
      "observed_date": null
    },
    {
      "kind": "llm_pre_event",
      "label": "AI-driven layoffs cited in BLS Challenger report cross 100K cumulative in 2026",
      "source": "https://fortune.com/2
... (truncated)