alt Hacker News> Resources like housing, which are supply constrained, will seem to go up dramatically in price relative to your income, and you'll be living in a slum.
That sounds like a problem with that system. If we're 10x more productive why can't we make 10x as much nice housing?
> That sounds like a problem with that system. If we're 10x more productive why can't we make 10x as much nice housing?
Because the supply of land is relatively inelastic (and to some extent building materials and construction labor). There isn't suddenly 10x more land on the planet because we all start using AI. Maybe we can make more land or build taller buildings, but it gets progressively more difficult and expensive. And because of NIMBY of course.