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If the AI bubble pops the construction industry can be in for a nasty recession.
It feels like this describes most of the economy.
Yeah why I hope AGI comes this year. This will hopefully avoid the deflationary bust that will come with the AI bubble pop
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If it does, then this was never a bubble in the first place.
AGI is expected to be super deflationary, though: i.e. radically productivity enhancing.
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