I don’t think the government is going to borrow much money. I think they’re probably going to just print it. If we can actually control superintelligence and we don’t just die (a big if), the tech is going to be massively deflationary. At the same time government revenues from income tax are dropping, income from corporate tax is going to go up and deflation is going to make money printing extremelly compelling.
I don’t think the government is going to borrow much money. I think they’re probably going to just print it. If we can actually control superintelligence and we don’t just die (a big if), the tech is going to be massively deflationary. At the same time government revenues from income tax are dropping, income from corporate tax is going to go up and deflation is going to make money printing extremelly compelling.