The Newly "Needed" Labor: Under AI 2040, economic growth is normal, but prices fall exponentially
The AI futures project predicts that under plan AAn average of roughly 90% yearly growth in real output from 2032 to 2037. Broadly speaking, throughout this period AI and robots are capable of doing the vast majority of economic tasks, and are allowed to roughly double every six months.andMost of the economic output becomes driven by AI and robots. Income shares in the economy shift greatly towards AI and robots as they become capable of doing more and more tasks, and also become more numerous.I...
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