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This is, in fact, the Big Question of the impact of AI on the economy. There is a general assumption that the usual frictions of technology adoption c…

This is, in fact, the Big Question of the impact of AI on the economy. There is a general assumption that the usual frictions of technology adoption continue (as they have up until now with AI), but if systems keep improving, they may just… not. Which way it goes is unclear.Arpit Gupta: I talk and teach about the frict