🧠 Technology & AI risk-on · 1–3 years
A what‑if from the future

What if a new law forces 180-day notice for AI-driven layoffs?

A 180-day WARN/severance mandate for AI layoffs slows adoption and front-loads restructuring charges, de-rating AI-capex names while cushioning near-term consumption. Rhymes with stricter EU collective-redundancy regimes that raised the cost and slowed the pace of headcount cuts. Skeptic's note: this delays rather than prevents displacement — the semi-selloff leg is a sentiment overshoot, not a durable demand cut to silicon.

18%
our model probability
over 1–3 years
prediction markets — wisdom of the crowd
loading live odds…
Empirically anchored 18% · 90% range 0–38% · 11 analogues · measured class tech_ai_bull 57% in 3 yr · 3% held back for the unknown
how we built this number — every step
Measured class rate — tech_ai_bull ≈0.2842/yr → 57% in 3 yr57%
Analyst prior · editorial share 21% of the class12%
Pooled · weight 65%19%
Crowd — no liquid market
Reserve 3% · no extremizing (×1.0)19%
Published18%

The class rate is measured from our dated, sourced event library (decade-normalized Poisson — the full table is public at base_rates.json). The variant’s share within its class is the analyst’s editorial call, published so you can audit it. A wider range means thinner precedent. Full recipe: methodology · scored at Reality Check.

The butterfly cascade

How this trigger trickles across markets, left → right — the root shock, its first‑order moves, then the ripple effects. Drag any node; tap a market for its real price history.

Resolution timeline — how this probability is moving

Our model's odds (gold) over time vs the crowd's (Polymarket, blue), from the past toward the 1–3 years horizon. Each dot is a real macro event that nudged the probability — green pushed it up, red pushed it down. Tap a dot for the source. The gold path is an illustrative reconstruction anchored to today's estimate — real dated events, not a live re-estimate history.

loading the timeline…

What it would mean

If this plays out, it is a risk-on shock. New law forces 180-day WARN notice and severance for AI-driven layoffs, slowing adoption and front-loading restructuring charges. The trigger decomposes into signed root‑shocks — AI capex ▼ · Job displacement ▼ — which propagate through our causal graph to the markets below.

If it happens — the markets it would move

Biggest moves first. Projected moves are cascade-model priors; hist A–B% = what comparable past events actually did (measured abnormal returns), and model prior · unmeasured marks markets with no analogue backing yet. Tap any market for its price history.

MarketClassProjected move
1Nvidia NVDAon Hyperliquid 📈 chartEquity▼ -0.7%
hist -1.52–+0.67% · other way +1.42% (n=12)
2Broadcom AVGOon Hyperliquid 📈 chartEquity▼ -0.6%
hist -0.62–-0.19% · other way +1.03% (n=12)
3Micron MUon Hyperliquid 📈 chartEquity▼ -0.5%
hist -1.81–+0.72% · other way +2.5% (n=12)
4Nasdaq 100 NDXon Hyperliquid 📈 chartIndex▲ +0.3%
hist -0.47–+0.48% · other way -0.43% (n=12)
5S&P 500 SPXon Hyperliquid 📈 chartIndex▲ +0.3%
hist -1.61–+1.58% · other way +0.67% (n=12)
6Semiconductors SMHon Hyperliquid 📈 chartEquity▼ -0.2%
hist -0.21–-0.12% · other way +1.09% (n=12)
7Solana SOLon Hyperliquid 📈 chartCrypto▲ +0.2%
hist -15.86–+5.24% · other way -6.28% (n=12)
8Hyperliquid (HYPE) HYPEon HyperliquidCrypto▲ +0.2%
model prior · unmeasured
9AMD AMDon Hyperliquid 📈 chartEquity▼ -0.2%
hist -1.88–+0.97% · other way -2.91% (n=12)
10TSMC TSMon Hyperliquid 📈 chartEquity▼ -0.2%
hist -1.78–+1.04% · other way +1.72% (n=12)
11Marvell MRVLon Hyperliquid 📈 chartEquity▼ -0.2%
hist -0.31–-0.04% · other way +0.2% (n=12)
12MicroStrategy MSTRon Hyperliquid 📈 chartEquity▲ +0.2%
hist -6.61–+8.28% · other way +18.8% (n=12)
13Ether ETHon Hyperliquid 📈 chartCrypto▲ +0.2%
hist -9.14–+5.3% · other way +1.7% (n=12)
14ASML ASMLon Hyperliquid 📈 chartEquity▼ -0.2%
hist -3.21–+1.82% · other way -2.38% (n=12)

Probable recommendation

If the scenario above plays out, the probable cross‑asset positioning → a scenario‑conditional read, not personalized investment advice
For a common-man portfolio: A typical stock-heavy portfolio should benefit. Stay invested; you can lean modestly into the beneficiaries below.
Also moves (not yet on Hyperliquid): High-yield credit +0.2% · Tech sector +0.2%

Why we may diverge from history

Trust the cascade's long on SOL/ETH: every negative analogue is an AI-capex or Nvidia-guidance window where crypto traded as a beta-NDX risk proxy, not this labor-law channel — regime-contaminated history.

Historical precedent — what analogous events actually did

Across 11 analogous events (overlap‑weighted), as abnormal returns — market beta stripped, so it's the event's own effect, not the market backdrop. Shown at 20 days (persistent) and 5 days (immediate); ↺ fades = the two horizons disagree. Confidence = consistency × sample × significance.

TSMC slumps as DeepSeek roils AI-chip demand assumptions 2025-02 Megacap AI-capex doubt selloff 2024-07 Micron's weak FQ2 guidance sparks a sharp December selloff 2024-12 ASML bookings-miss crash 2024-10 Trump 'Taiwan should pay for defense' chip selloff 2024-07 Nikkei 225 surpasses its 1989 bubble peak 2024-02 Nvidia AI-guidance blowout ignites the automation/AI capex wave 2023-05 Netflix subscriber-loss crash 2022-04 Meta 2022-02 Didi removed from China app stores after NYSE IPO 2021-07 Nvidia crypto-glut guidance crash 2018-11
AssetHistory saysAbnormal (20d · 5d)HitnConfidencevs cascade
SOL SOLSHORT-14.5% · 5d -5.2%91%10 0.57⚠ differs
Bitcoin BTCSHORT-5.3% · 5d -2.0%75%11 0.39·
ETH ETHSHORT-9.4% · 5d -4.3%71%11 0.33⚠ differs
NDX NDXSHORT-0.7% · 5d -1.4%75%11 0.32⚠ differs
Gold XAULONG+1.0% · 5d -0.5% ↺ fades67%11 0.26·
10y yield DGS10SHORT-14bp · 5d -1bp67%11 0.26·
ASML ASMLSHORT-3.1% · 5d -4.8%67%11 0.25✓ matches cascade
High-yield credit HYGLONG+0.6% · 5d +0.3%67%11 0.25✓ matches cascade
US dollar DXYSHORT-0.2% · 5d +0.1% ↺ fades67%11 0.25·
AMD AMDSHORT-1.8% · 5d -3.6%67%11 0.23✓ matches cascade
XLK XLKSHORT-0.6% · 5d -0.9%67%11 0.23⚠ differs
MU MUSHORT-1.5% · 5d -4.1%62%11 0.18✓ matches cascade
TSM TSMSHORT-1.7% · 5d -1.7%58%11 0.12✓ matches cascade
SPX SPXSHORT-2.0% · 5d -1.1%54%11 0.07⚠ differs

Why this probability

180-day WARN-for-AI-layoff law possible in blue states but federal/major adoption slow. A base‑rate‑anchored prior, continuously scored against what actually happens — not a forecast.

Methodology. Probability and impact are anchored to history and scored against what actually happens — wins and losses, in public, at Reality Check. Crowd odds live from Polymarket & Kalshi. By Vikas Singh, Quantitative Strategist. Updated 2026-07-03.