DeepMind's AGI economics director: millions of AI agents could still mean just 4-5% growth
rohanpaul_ai · x · 2026-11-09
Alex Imas, Director of AGI Economics at Google DeepMind, argues that even with millions of autonomous agents, economic growth could stay in the 4-5% zone.
Key argument:
- GDP measures dollars spent, not output. When AI makes production nearly free, competition drives prices down — output explodes while dollar value barely grows.
- He compares it to farming: after automation, food production soared but agriculture fell from 40% of GDP to 2%.
- Double-digit growth would also require buyers wealthy enough to absorb all that output without prices collapsing.
Full video available on the "MTS" YouTube channel.
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