No. of Recommendations: 0
It seems to me that there are two possible outcomes with AI. It becomes very successful and displaces the workforce, at least in the short time frame,or it fails for many of the reasons mentioned. Both outcomes would be bad for the stockmarket in general, but positive for a few stocks if it becomes successful. If successful, significant deflation, if unsuccessful, significant write down of assets which would be deflationary to a degree.
Should I be considering deflation as the major economic trend over the time period 2 to 10 years in the future? Thinking that it will take 2 years to determine the outcome of AI.
Aussi