EPISODE · Aug 14, 2025 · 40 MIN
A Potential AI Scenario: 20-30% GDP Growth! Mass Unemployment! Higher Wages for Trades & Service Workers! 30% Mortgage Rates! Capital/Land Owners Win! 0% Saving Rate! Could this AGI Future Come True?
from The Best Paragraph I've Read... · host Zac & Don
The Best Paragraph I've Read:"The likelihood that AI may soon make lots of workers redundant is well known. What is much less discussed is the hope that AI can set the world on a path of explosive growth. That would have profound consequences. Markets not just for labour, but also for goods, services, and financial assets would be upended. Economists have been trying to think through how AGI could reshape the world. The picture that is emerging is perhaps counterintuitive and certainly mind-boggling."This article is from The Economist. The article is titled: "What if AI made the world's economic growth explode?"You can read the full article here:https://www.economist.com/briefing/2025/07/24/what-if-ai-made-the-worlds-economic-growth-explodeZac & Don discuss an interesting GDP growth scenario if AGI becomes a reality. How is the economy impacted with 20-30% growth? What happens to labor markets, the stock market, and interest rates? What should a person if AI takes all the jobs?
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A Potential AI Scenario: 20-30% GDP Growth! Mass Unemployment! Higher Wages for Trades & Service Workers! 30% Mortgage Rates! Capital/Land Owners Win! 0% Saving Rate! Could this AGI Future Come True?
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