Recently.OpenAI's early investor Vinod Khosla posted a prediction on social media platform X that in the next 25 yearsartificial intelligence (AI)would have far-reaching effects on the economy and could lead to deflation.
Kosrae noted that with the rapid development of AI technology, the production of goods and services will become more efficient and prices may fall. At the same time, AI may also have an impact on the labor market, leading to the disappearance or transformation of some occupations. All these factors may lead to deflation.
To counter this trend, Khosla argues that we need to find new ways to measure the health of our economies, rather than relying solely on traditional indicators such as gross domestic product (GDP). He suggests that in the future there may need to be a greater focus on innovation, education, health and social welfare in order to achieve more sustainable and inclusive economic growth.
Kosrae's prediction has sparked a discussion on the economic impact of artificial intelligence. While AI may have far-reaching implications for the economy, how to balance technological innovation with economic stability and inclusive growth remains an issue that needs to be explored in depth.
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