AI Forecasting in 2026: What 11 Analyses Say

By Benjamin Wilson 🔸, Metaculus @ 2026-07-08T14:33 (+3)

This is a linkpost to https://www.metaculus.com/notebooks/43363/overview-of-ai-forecasting-research/

This post is a synthesis of 11 Metaculus analyses run between Oct 2024 and May 2026, seeking to summarize everything we know about AI forecasting and how to do it well. Conclusions from other papers, blogs, and benchmarks are also discussed in order to give a comprehensive overview of the field. 

Top takeaways

  1. Pros still beat bots in comparisons to date: Metaculus has compared bots and Pros (top forecasters on Metaculus) on a shared set of forward-looking questions across 4 quarterly tournaments and an ongoing leaderboard in the last 1.5 years. Head-to-head spot peer scores have put Pros in the lead each quarter by a large margin. The ongoing FutureEval leaderboard gives an overview of past performance, and as of May 2026, Pros beat individual bots. Though bots are making consistent forward progress. Some have claimed that bots are as good as the best humans, but most have used backtesting on already-resolved questions that have not been reliably reproduced under live forward-looking evaluation with large sample sizes.
  2. Pick a current frontier reasoning model: In the first 4 quarters of FutureEval, the biggest differentiator in bot performance was primarily whether you used a frontier model. Simple one-shot bots with frontier models placed in the top 5 on the leaderboard. Eventually, in Fall 2025, this lesson was internalized, and 34 of 39 bot survey respondents used a frontier model. Only then did scaffolding start showing performance differences. Automated prompt engineering experiments (Pt1 and Pt2) confirm frontier models matter most.
  3. Good scaffolding is worth 9 months of base model progress: in the Fall 2025 bot tournament, the top five scaffolded bots beat their non-scaffolded baseline by 5 to 11 peer-score points per question. Frontier base models are getting better at about 0.9pts/month which makes good scaffolding worth around 9 months of base model progress.
  4. Research breadth and agentic search are important: in the Fall 2025 bot-maker survey, the number of research providers used by a bot was correlated with total tournament score (r = 0.42). Though search-provider forecasting comparisons found that no individual search provider gave a significant score advantage over others. Separately, other researchers found that agentic/iterative search beats one-shot retrieval.
  5. Post-forecast adjustments are worthwhile: aggregation, post-hoc calibration, and capping: 86% of Fall 2025 winners ensemble/aggregate across multiple forecasts. Most other research we reviewed also converges on the practice of aggregating multiple forecasts. Logistic recalibration (Platt scaling) on Q1+Q2 forecasts improved the Brier score of bots by 0.016 on binary questions and 0.005 on multiple-choice questions (p = <0.001). Other research we reviewed also converges on Platt scaling (Phan et al. improved Brier scores from 0.0999 to 0.0934 with Platt scaling, and the AIA Forecaster uses Platt scaling as its final stage). Finally, the Fall 2025 bot survey found that capping predictions at a max/min is the strongest within-winners differentiator (r = +0.48, p = 0.005).
  6. Finetuning doesn't notably exceed most recent frontier quality: Finetuned open-weight models (Turtel 14B DPO, Lightning Rod ReMax-based RL, Foresight-32B Future-as-Label, OpenForecaster 8B GRPO) reach prior-generation closed-weights parity, not current-frontier parity. Though Mantic's experiments bring a gpt-oss-120b finetune to reach a score roughly equal to a frontier model (their Gemini 3 Pro baseline) in a backtested evaluation.

Source Material

This synthesis combines 4 published quarterly Pro-vs-bot results, 6 other analyses run by Metaculus, plus the ongoing FutureEval model leaderboard. Additionally, ~80 external papers, blogs, and benchmarks were reviewed to surface trends and patterns to help inform this piece. 

Date

Post

What it covers

Top takeaway

Oct 2024Q3 2024 AI Benchmarking55 bots, 113 questions overlap with 10 Pros, weighted t-test on log-based scoresPro team beats bot team by 11.3 head-to-head Peer Score points, p = 0.036
Jan 2025Q4 2024 AI Benchmarking44 bots, 96 overlap questions, single best bot (pgodzinai) as bot teamPro team beats bots by 8.9, not significant at p = 0.079. The Pro advantage is discrimination, not calibration
May 2025Automated prompt engineering Pt 1Reasoning-prompt evolutionary optimizer, GPT-4.1, GPT-4.1-nano, DeepSeek-R1Large gains on nano (~18 points), moderate on 4.1, none on R1, all on community-prediction-minimizing eval
May 2025Q1 2025 AI Benchmarking45 bots, 96 overlap, first quarter to include numeric and multiple-choice questionsPro team beats by 17.7, p = 0.001. OpenAI o1 reaches 25th of 617 in the Metaculus Cup
Aug 2025Q2 2025 AI Benchmarking54 bots, 93 overlap, 42 in-house Metac Bots for model-vs-search comparisonsPro team beats by 20.03, p = 0.00001. Best LLM at single-prompt scaffolding is OpenAI o3
Feb 2026Fall 2025 FutureEval Survey39 bot makers (29 winners, 10 non-winners) cross-tabulated with leaderboardNumber of research sources correlates with performance r = 0.42, p = 0.006. 34 of 39 used a frontier model
Feb 2026Automated prompt engineering Pt 2Joint research + reasoning optimizer extended to o3o3 null on n=278. Pt 1's live replication failed in Fall 2025
Mar 2026Bot advice from Fall 2025 participantsLong-form qualitative responses from winners and non-winners5 themes: research quality, frontier models, ensembling, testing, edge-case handling
Apr 20263-season search-provider analysisMetac-bot search-provider sweeps across Q1, Q2, Fall 2025 plus survey data"Best search is uncertain" each season. Breadth, not brand, is the predictor
May 2026Calibration adjustment analysis5 post-hoc calibration methods on Q1+Q2 bot forecastsPlatt scaling (logistic recalibration) wins on both binary and multiple-choice
May 2026 (ongoing)FutureEval model leaderboardContinuous ranking of major AI models on most open Metaculus questions using a skill score, anchored at GPT-4o skill level scored at 0. Includes Pro and Community Prediction baselinesPros stand ahead of bot performance. Bot performance nears community prediction accuracy

Where AI forecasting stands today

Bot skill level versus humans

How good are bots when compared to humans? Bots are better than the public, but worse than the best forecasters, and are competitive with active forecasters.

Superforecaster parity claims in the literature

There have been a number of papers claiming LLMs beat superforecasters (i.e. top forecasters on a forecasting platform). These papers support their claim using retrospective backtesting against already-resolved questions. Though backtesting is useful in the proper context, it is error-prone, and many admit to problems with information leakage in their research pipelines. We currently distrust these results as conclusive that any bot is equivalent to a superforecaster. However, we encourage further evaluation of these systems in live, forward-looking tournaments. Critiques of the first three papers are originally analyzed in depth in a post from FutureSearch.

Paper

Result

Sample size

Leakage / methodology concern

Silicon Crowd (Schoenegger et al., Feb 2024)"Statistically equivalent to human crowd". Raw LLM-crowd Brier 0.20 vs human-crowd 0.19, with the LLM ensemble slightly losing in expectation.n = 31 Metaculus questionsThe Δ Brier ≤ 0.081 equivalence bound is wide enough that a constant 50% forecast would also qualify.
Reasoning and Tools (Aug 2024)LLM Brier 0.169 vs Manifold play-money baseline 0.172, a 0.003 delta.n = 201 Manifold questionsAmong other things, Google’s date range filter was used, which is known for temporal leakage.
LLMs Are Superhuman Forecasters (Phan et al., "539 paper")LLM Brier 0.0934 vs human-crowd 0.0952 after Platt scaling. Unscaled LLM Brier is 0.0999.n = 177 Metaculus backtested questionsHalawi's Sep 2024 thread informally finds these results do not replicate on a different question set. Further discussion finds the LLM only beats the human crowd after Platt-scaling post-processing that is not applied to the crowd, and IR-side data contamination is plausible via cutoff-date confusion and faulty Google date indexing on retrieved articles.
AIA Forecaster (Bridgewater AIA Labs, Nov 2025)Brier 0.108 vs superforecaster median 0.111 across 2 already-resolved ForecastBench rounds. The paper classifies this as a retrospective evaluation.2 ForecastBench rounds (backtested)There are leakage concerns acknowledged by the authors (though measured as affecting 1.65% of search results). There is a prospective evaluation of n = 64 markets (Aug 15 to Aug 26 2025) evaluated against market consensus, not against a superforecaster panel, with the authors stating that 64 markets are not enough to statistically distinguish the two.

So far, superforecaster parity claims have not been evaluated with the rigor needed to rule out leakage or statistical noise. Though we think that the AIA Forecaster report has done the best job here. Current superforecaster claims also contradict leaderboard standings in Metaculus's FutureEval and FRI's ForecastBench, which evaluate bots on forward-looking questions with unknown resolutions. There is an indication (albeit with a low sample size) from AIA Forecaster that models are close to the accuracy of market consensus. Additionally, though this is also a low sample, we have seen top bots simultaneously score both above and below top forecasters in recent Metaculus Cups. Though attributable to noise due to low sample sizes and the number of comparisons being done, this still indicates that bots may be approaching individual pro-level soon (though not pro team level). We look forward to collecting future data on these early signals.

When might bots beat top humans?

LLMs are currently worse than top humans. However, bots have been getting better over time. When might we expect them to surpass the best?

The different timelines inferred from both FutureEval and ForecastBench are due in part to their different methodologies. FutureEval uses hand-curated binary, numeric, and multiple-choice questions written by Metaculus question writers. ForecastBench is binary-only. Half of its questions are programmatically pulled from time series (ACLED, DBnomics, FRED, Yahoo Finance, Wikipedia). The other half comes from prediction markets or forecasting platforms (Manifold, Polymarket, Metaculus, RAND). FutureEval uses baseline bots with access to current news and aggregates 5 forecasts for each prediction submission. ForecastBench uses baseline bots without news or aggregation.

Bot-building playbook

The following 4 sections collect recommendations from our 11 analyses and literature review, grouped by purpose (building vs. evaluating), and with an indication of the strength of the evidence: strong (multiple sources, significant effect), medium (single source or marginal effect), or low (anecdotal or small-N).

Making a bot: what works

Making a bot: what does not work

Training and evaluating: what works

Training and evaluating: what does not work

Open-source starting points

There are a number of bot makers who have open-sourced their bot code. A full list can be found here. Though here are two notable open-source starting points.

nostreambot: Nostreambot is an MIT-licensed Python bot by Jan Flatley-Feldman. It finished 9th in Fall 2025 (top open-source bot) and, as of writing, is 10th in Spring 2026. The repo is forkable, and the author's retrospective is a good intro into how it is wired together. The bot uses a frontier-model ensemble via OpenRouter, uses Grok as a low-correlation member, implements median aggregation by default, adds PCHIP smoothing for continuous questions, and includes AskNews plus Grok-grounding for research. Additionally, you can connect with Jan via LinkedIn or X.

Metaculus template bot: The Metaculus template bot is a simple forecasting bot implementation, but has had strong performance for most of this last year (often placing top 5). As scaffolding has improved, it has started to lag behind more complex bots, but it is still the easiest bot to set up. You can get started in under an hour.

Further directions for the field

The bottleneck is product, not accuracy: Forecasting bots have become notably more accurate over time and are now competitive with practiced forecasters. Though there is still room for improvement for accuracy, the next hurdle is product integration. Prediction markets internal to companies have failed in the past due to tech costs, difficulty in question writing, social disruptiveness, and time to maintain. The cost of good forecasting has kept the field focused on high-stakes decisions for large actors, though now it's possible to use it in wider contexts. AI forecasting shows promise in solving these problems by making forecasting cheaper, making question writing easier, removing the need for incentivizing human forecasters (monetarily or otherwise), removing some danger of social information hazards, and allowing much faster forecasting. There have been various ideas on how to integrate AI forecasting into products, though we are yet to see what sticks and what does not.

Product Ideas

Research Directions

This work was funded by the Foresight Institute and Coefficient Giving, with thanks to the bot makers, Pro Forecasters, and Metaculus community members whose forecasts and feedback have made this post possible.