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Exploring the Impending AI Revolution and Moore's Law for Everything
Policy plans must consider the imminent AI revolution to avoid failure, similar to organizing principles of past societies. The upcoming AI revolution will enhance our thinking, reasoning capabilities and generate wealth if managed responsibly. The progress in the next 100 years will surpass all advancements since controlling fire. AI systems are evolving to learn and perform useful tasks. Moore's Law for Everything suggests that societal wealth increases not only by acquiring more money but also by reducing the costs of goods. Technology, as seen with semiconductors, will drive down costs by enhancing productivity. AI will particularly lower costs by reducing labor expenses along the supply chain, making goods and services more affordable.