Prices of services will come
down. Prices of things that require natural resources will go up.
In a hypothetical world where let's say we have AIs that can do any human job more effectively than a human, rich people who can afford to control the AIs will control society and poor people who have nothing to offer economically will live in poverty.
A good proxy for our future is Angola: an upper class who got rich off the oil boom, and a lower class who is dirt poor because they have nothing to offer the oil industry.
Prices of services will come down. Prices of things that require natural resources will go up.
In a hypothetical world where let's say we have AIs that can do any human job more effectively than a human, rich people who can afford to control the AIs will control society and poor people who have nothing to offer economically will live in poverty.
A good proxy for our future is Angola: an upper class who got rich off the oil boom, and a lower class who is dirt poor because they have nothing to offer the oil industry.