Re:Why Economic Growth Will Fall
by amelius on Monday August 01, 2016 @07:15AM
(#12201519)
Wealth will increase. Economic growth not, because the wealth will be poorly divided. Only few will reap the benefits of AI.
[ Parent
| on HN ]
Unless the wealthy somehow manage to consume all the excess production the average can't buy because they're too poor, wealth will have a hard time increasing without general economic growth. There is a pretty hard limit on how much even the most ostentatious trillionaire can consume.