According to data in the site and paper [0] labor income is estimated $20T for all four scenarios (including no AI) in 2030. Which means capital takes ALL of the new pie coming from AI.
Also, I am not an economist but I assume if you are not growing as much as GDP, it basically means you’re shrinking. Relatively shrinking, but since everything is relative in an economy you are actually shrinking. Table 4 in paper gives the numbers.
I think that would only follow if the rest of the world’s purchasing power also grows at the same rate (unlikely), or if you were to cease all international trade (uhh…).
According to data in the site and paper [0] labor income is estimated $20T for all four scenarios (including no AI) in 2030. Which means capital takes ALL of the new pie coming from AI.
Also, I am not an economist but I assume if you are not growing as much as GDP, it basically means you’re shrinking. Relatively shrinking, but since everything is relative in an economy you are actually shrinking. Table 4 in paper gives the numbers.
[0] https://www-cdn.anthropic.com/files/4zrzovbb/website/cf58f84...