So here's the deal: prices for a lot of stuff might drop because there’ll be more goods than buyers. Just think about how quickly AI and robots can crank out products.
And it's not just that. AI can speed up legal stuff too. Imagine how fast AI can wrap up investigations like, in seconds.
This could lead us to universal basic income since one robot can do the work of ten people. While we chill at home, robots are getting things done.
Even houses could be built using laser printers with robots, making everything faster and cheaper.
But there’s a catch: we need electricity and there’s a growing demand for batteries. We’re talking lithium, silver, and gold because all these devices need metals. Plus, there are environmental issues about how to deal with these electric devices after they’ve been used.
On top of that, electricity might become pricier since all these data centers and robots are gonna need a ton of it. So, electricity could turn into a rare commodity. Most regular folks might end up with limited access or it’ll be so expensive that only a few can afford it.
Are more products than demand due to AI and robots a good or bad thing?
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