Mark :verified: on Nostr: From Professor St Onge https://www.profstonge.com/p/will-ai-cause-mass-deflation ...
From Professor St Onge
https://www.profstonge.com/p/will-ai-cause-mass-deflation
Looking at AI - will it cause prices to drop (deflation)?
Not sure about the "eggs for pennies" part - it isn't clear but maybe AI & robots will automate all the labor, distribution, etc. If you are a business you make $$, if you have assets, you do okay, if you are a worker you lose.
https://www.profstonge.com/p/will-ai-cause-mass-deflation
Looking at AI - will it cause prices to drop (deflation)?
Not sure about the "eggs for pennies" part - it isn't clear but maybe AI & robots will automate all the labor, distribution, etc. If you are a business you make $$, if you have assets, you do okay, if you are a worker you lose.