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How can we fix the problem without the money printer ? There’s so much debt, individuals, corporations and governments are all deep in debt. We can just prete
by great_psy 3y ago
How can we fix the problem without the money printer ?
There’s so much debt, individuals, corporations and governments are all deep in debt.
We can just pretend the debt does not exist (restructuring) but that’s pretty much the same as printing that amount of money, just done in a different way.
The only non-printer way is to get some sort of exponential productivity gain.
Maybe if we get the absolutely best case for AI that could give the productivity gains we need. Obviously assuming the benefits of AI are shared in an equitable way.