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A bad end is most likely though even in the best case scenario of AI increasing living standards. The build-up of asset inflation malinvestment and overleveraging will impose huge costs.
Original article: https://mises.org/mises-wire/not-so-new-dollar-strategy-monetize-productivity-advance
By Mises InstituteA bad end is most likely though even in the best case scenario of AI increasing living standards. The build-up of asset inflation malinvestment and overleveraging will impose huge costs.
Original article: https://mises.org/mises-wire/not-so-new-dollar-strategy-monetize-productivity-advance