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

What if an AI independently proves a long-open mathematical conjecture?

An AI independently proving a long-open conjecture validates reasoning-scaling and re-rates research-automation and humanoid names — NVDA/semis/Tesla lead on the productivity-and-robotics read, with a disinflationary tilt supporting broad equities. Rhymes with the May-2023 Nvidia AI-capex melt-up and the 2024 TSMC blowouts that lifted the whole complex. Forward angle: a single proof is a capability signal, not revenue, so the risk is a 'narrative pop' that fades like Feb-2025's DeepSeek scare unless monetization follows — the risk-on roots (ai_capex + robot_productivity) fit the framing.

23%
our model probability
over 1–3 years
prediction markets — the market's odds
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Anchored to measured history 23% · 90% range 4–43% · 21 dated precedents behind it — a wider range means thinner evidence

Every number ships with its receipt — the odds, the range, the precedents, and a public grade at Reality Check. The statistical machinery that produces it is proprietary.

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 (electric blue) over time vs the market's (Polymarket, amber), 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. Loading the probability audit trail…

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What it would mean

If this plays out, it is a risk-on shock. An AI system independently proves a long-open conjecture, validating reasoning scaling and lifting research-automation names. The trigger decomposes into signed root‑shocks — AI capex ▲ · Robotics productivity ▲ — which propagate through our causal graph to the markets below.

Methodology. Probability and impact are anchored to history and scored against what actually happens — wins and losses, in public, at Reality Check. Market odds live from Polymarket & Kalshi. By Vikas Singh, Quantitative Strategist. Updated 2026-08-13.