▲ 0 r/AskEconomics
Is current GDP driven by AI artificially created?
What I mean is, that only a handful of companies trade with each other, ultimately contributing to GDP ( chip manufacturers -> GPU manufacturers -> AI datacenter -> chip manufacturers... ) , meaning tge money never really reaches the masses. The GDP does raise, but people are worse off. So is this growth completely artificial? If yes, why is it used as a metric of how well of countries are, if it can be so easily "faked"?
And another... What is the prediction for the future? Will this ever go away? Will the disparity between the aristocratic class and the common people ever.... Level? Im pretty doomer about this tbh.
u/KaleidoscopeSalt3972 — 7 days ago