3min chapter

Macro Musings with David Beckworth cover image

Heather Long, Ryan Avent, and Cardiff Garcia on Pandemic Reflections and Economic Predictions for the Future

Macro Musings with David Beckworth

CHAPTER

Is There a Future for AI?

David Beckworth: I'm hopeful that AI may actually be a solution to this other big concern and this is the depopulation problem. We're losing people, it's an aging population who's going to take care of all the old people,. Who's going to pay for Social Security? And maybe these two trends will cross paths and be a solution. Near term real quick, I think inflation will still be a big thing for the next few years, and then I think China. He says because China is in decline right now, it makes them more likely they're going to lash out.

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