Real GDP is what matters in the end, not nominal GDP. Real GDP can grow via deflation, even if nominal GDP declines. AI -> lower cost of goods -> real GDP rise

Real GDP is what matters in the end, not nominal GDP. Real GDP can grow via deflation, even if nominal GDP declines. AI -> lower cost of goods -> real GDP rises AI -> unemployment -> lower salaries -> lower nominal GDP -> workers reposition into new jobs Somehow the USA has the lowest unemployment ever after the industrial revolution destroyed millions of jobs... how did that happen? It's obvious from history that as real GDP per capita rises, new professions emerge or become more accessible such that displaced workers can find new jobs. Perhaps higher real GDP enables more creative professions, or more consumption of housekeeping/helper type roles.