Something strange happens when you extrapolate current AI progress 20 years forward. The economics stops making sense.
Not in the way economists usually mean, where models break down at the margins. The whole framework stops working. Supply, demand, scarcity — these concepts assume things that won’t be true anymore.
Not in the way economists usually mean, where models break down at the margins. The whole framework stops working. Supply, demand, scarcity — these concepts assume things that won’t be true anymore.