As with every bubble, we, the people, will pay for it. There will be recession, inflation and general "one step back" to hopefully move "two steps forward" one day in the future.
I think AI will actually produce price deflation in some areas. There could be inflation based on mechanisms you describe, but it's obviously making it cheaper to make some products/services.
I think AI will actually produce price deflation in some areas. There could be inflation based on mechanisms you describe, but it's obviously making it cheaper to make some products/services.