Economist presses Davidson/Radshar AI analysis: consumer demand shifts can't be ignored
binarybits · x · 2026-09-19
- binarybits argues the Davidson/Radshar analysis of AI automation economics ignores demand: as automated goods and services get cheaper and more abundant, how do consumer spending habits change? A good model must factor this in.
- He contends the logic holds even for broad automation categories like "all remote services" or "all manufactured goods"—spending will shift toward still-scarce things like nannies, counseling, and Manhattan real estate.
- Implication: GDP/income estimates of AI impact can't assume spending structures stay fixed.
Related event: Debating AI-Driven Industrial Explosion: Greenblatt vs. Timothy Lee(19 posts)→
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