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If AI fails to continue to improve, the worst-case economic outcome is a short and mild recession and probably not even that. Once sector of the economy would
by RivieraKid 1y ago
If AI fails to continue to improve, the worst-case economic outcome is a short and mild recession and probably not even that.
Once sector of the economy would cut down on investment spending, which can be easily offset by decreasing the interest rate.
But this is a short-term effect. What I'm worried is a structural change of the labor market, which would be positive for most people, but probably negative for people like me.
- coffeebeqn 1y agoAI not sucking up 90% of all current investments? Sign me up to this world!