Posted 12/27/2023, 1:01:34 PM
Khosla Predicts AI-Driven Deflation Over Next 25 Years, Questions Relevance of Traditional Economic Measures
- Vinod Khosla, billionaire investor in OpenAI, believes AI will cause economic deflation in the next 25 years
- He thinks capital should be scarce for a while and traditional economic measures like GDP will be less relevant
- Khosla predicts an abundance of goods and services but questions what the right economic measures should be
- His views contrast current high inflation environment and low economic growth
- Khosla invested $50 million in OpenAI in 2019, making him one of its biggest investors