“Starting in about 2030—four years away—80% of all jobs will be capable of being done by an AI,” Khosla said. “What happens when all labor is free? $15 trillion of U.S. GDP is labor, and that $15 trillion will mostly go away. That’s a hugely deflationary economy. But the abundance of goods and services [thanks to AI and robotics] will be very, very large. Prices will be very, very low. I would suspect by 2040, $30,000—or maybe even $10,000—will buy much more than you can buy if you have a $100,000 income today.”
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Apple claims the M4 delivers up to 2.3 times faster performance compared with the M1 iPad Air and "over 4x faster 3D pro rendering with ray tracing performance." Of course, the new iPad Air runs iPadOS 26.
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The prediction markets said that Trump was going to win in the last presidential election, and then Trump did win. For a lot of people, that was a confirmation that prediction markets were good. But for those of you who were watching the polls, they suggested that the race was a toss-up, which it was. And so the fact that Trump won didn’t necessarily mean that that particular kind of predicting was wrong. There’s a whole nest of things going on here that has started this move.