Replies (2)

BTC_P2P's avatar
BTC_P2P 2 years ago
AI could add to GDP but it could also create problems. It’s an unknown. And i see no way AI could ever service trillions in public debt.
It can significantly reduce the costs of all goods and services, moving a large amount of workers into blue collar work, which allows a huge increase in production. Basically it works because with such huge debt, we all still work a 40 hour week. Monetary inflation eats up all the innovative deflation. Without the debt, we would all get to work less.