Slow takeoff means deflation, fast takeoff means pumping rates: two AGI macro scenarios
menhguin · x · 2026-10-06
Continuing the AGI-and-rates debate: assuming longer timelines and broad productivity gains, there's a case for net deflation. But under a fast takeoff scenario where recursive self-improvement feeds itself with huge rapid compute capex, interest rates should pump—continuing much like today's trend.
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