As the cost of intelligence approaches zero, it could help tame inflation and improve economic growth.

Good deflation is driven by innovation, while bad deflation is linked to disintermediation and disruption of traditional industries, putting many companies at risk.

Technological innovation is driving good deflation, which reduces costs and increases productivity, contrasting with bad deflationary pressures. In the electric vehicle space, the deflation rate is 28% for every cumulative doubling in the number of units produced, and we're currently at 2.2 million units of electric vehicles.

Historically, every time we've found ways to create wealth more rapidly, it has led to positive outcomes, suggesting that AI could similarly transform our economy.

Deflationary forces are emerging in the global economy, countering the belief that monetary policy easing will ignite inflation.

The future of AI could lead to a world of abundance, where energy costs drop to zero, allowing for the creation of resources without traditional labor costs.

The current deflationary forces are powerful and will likely cause confusion in the market, affecting the velocity of money, which is the rate at which money circulates in the economy.

While the rise of AI may lead to job losses in some areas, it ultimately benefits society by allowing more people to contribute creatively.

With advancements in AI, companies may choose to buy more robots and AI agents instead of hiring more workers, leading to a decoupling of labor and economic growth.