Alex
@alexolegimas did the full version of this on PostAGI.
Elasticity of demand is the whole ballgame for automation predictions.
FWIW I know how annoying economists on this website sound.
Techs: well if you automate digital work growth will obviously be 300% and you will be inside the lightcone.
Econ *slowly adjusts glasses while looking at old sneakers*: well actually, if you properly model demand to allow for non homothetic preferences, where income elasticity of demand varies across different goods and changes as income changes, then…
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