What Are Some Potential Blind Spots in Our Future with AI?

You bring up a lot of valid points, and I think it's definitely realistic that some places will struggle massively with AI job displacement. On the flip side, wealthier communities might develop robust safety nets that could help those facing unemployment. But I think there will be stark disparities depending on where you live.

You’re assuming that economic conditions will remain unchanged despite these shifts. With increased productivity and lower input costs, we might actually see deflation. A big issue is that even if goods become cheaper, if people are unemployed, they won’t have any income to spend, rendering prices moot. Some propose solutions like a Universal Basic Income, but that’s likely far off. What you're outlining sounds like a transition phase, typical of many societal shifts we've faced before.

It’s easier for people to envision the end of the world rather than the end of capitalism. You're not really missing anything fundamentally new, just the ongoing tension of progress versus stability.

I feel like you’ve hit some key points, but consider this: if a large portion of the workforce becomes unemployable due to AI, we might see people defaulting on loans and struggling to survive. This situation could lead to public outcry and demands for intervention, but it’s complicated if the economy still looks functional on the surface despite widespread unemployment. Politicians might promise solutions like UBI to gain votes, but what will desperate people really demand? That's the real uncertainty here.

The road to a world depression could impede any predictive structure for the economy. Just look at how electrification boosted productivity but nearly plunged us into the first Great Depression. The repercussions of Western monetary policies could really worsen this scenario.