Prediction record

Misseconomy

Within roughly two to four years, many minimum-wage jobs will be permanently eliminated by automation and will not return.

A scored record for Peter Zeihan, made on .

VideoPrimary sourceeconomysociety

Scored record

Misseconomy

A lot of those minimum wage jobs will just be gone, never to return.

Within roughly two to four years, many minimum-wage jobs will be permanently eliminated by automation and will not return.

Made on
2021-06-23
Outcome
Miss
Importance
4 / 5
Contribution
-1.78

Criterion

Resolution status
resolved
Resolved on
2025-06-23

By ~2025, a substantial share of pre-2021 minimum-wage job categories are automated away and do not return (checkable against employment-composition data).

Checkable against employment-composition data per the criterion. By the ~2025 deadline, the major minimum-wage job categories (food prep/serving, fast food/counter, retail) had NOT been substantially automated away; employment in these categories recovered past pre-2021/pre-pandemic levels and remained among the largest US occupations. Self-checkout, ordering kiosks, etc. reshaped some roles but did not produce the predicted permanent net elimination of these categories. Evidence runs against the claim. Note for downstream stages: the claim's phrasing ('many'/'substantial share') is qualitative; resolution rests on the documented fact that these categories grew rather than shrank, so the directional outcome is clear even though no single automation-attribution statistic exists.

Sources

  • Video Dispatch: Labor Markets, 6/23/2021

    YouTube ·

    Source

Outcome evidence

  • BLS Occupational Employment and Wage Statistics, May 2025 (Table 1): fast food and counter workers numbered ~3.9 million and retail salespersons ~3.9 million — among the largest occupations in the US. These low-wage categories were NOT automated away; they remain at multi-million levels, contradicting the claim that many such jobs would be permanently eliminated and not return.

    Evidence

  • BLS The Economics Daily: food preparation and serving related occupations accounted for 8.7% of all US jobs (~13.2 million) in May 2023 — having recovered and grown past pre-pandemic levels rather than shrinking due to automation.

    Evidence

  • BLS Occupational Outlook Handbook (2024 data): food and beverage serving and related workers held ~5.0 million jobs in 2024, with employment projected to grow ~5% from 2024-2034 — i.e., these jobs persisted and are projected to expand, not be eliminated by automation.

    Evidence

Corrections

  • Date: Actual publication date per video title 'Video Dispatch: Labor Markets, 6/23/2021'. Stored date is a mis-captured re-upload timestamp.
  • horizon deadline: Far-end +4yr ('two three four years from now') must anchor from corrected made_on 2021-06-23.
  • resolution resolved on: Align resolved_on to the corrected deadline; BLS evidence (2023-2025) post-dates it and still supports resolution.

Score contribution

-1.78
Confidence
85%
Outcome
Miss
Importance
4 / 5
Contribution
-1.78

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

Within roughly two to four years, many minimum-wage jobs wi…
Methodology version
v1.0.0
Last computed
July 4, 2026
Made on
2021-06-23

How this profile was built

  1. Scored by independent judges

  2. Predictions gathered and sourced

  3. Independently verified against sources

Every public score traces back to sourced prediction records.

Avow is an independent project. The pundits scored here are not affiliated with Avow and do not endorse it. Names and likenesses are used for identification and commentary.

Evidence firstMethodology