Sam Altman Says AI Will Cause Massive Deflation, Making Money Worth Vastly More

Sam Altman Says AI Will Cause Massive Deflation, Making Money Worth Vastly More

OpenAI is betting in the biggest way possible on a future ruled by AI. It’s committing to spending well over $1 trillion to build out enormous data centers — despite business fundamentals lagging far behind, stoking fears over troubling days ahead. During a town hall livestreamed on Monday, CEO Sam Altman admitted that the company was looking to pump the brakes, revealing that it’s looking to “dramatically slow down” hiring as the company contin…

Sam Altman’s Deflation Prophecy: How Artificial Intelligence Could Upend Traditional Economic Theory

OpenAI chief executive Sam Altman has ignited a fierce debate among economists and technology leaders with his provocative assertion that artificial intelligence will usher in an era of unprecedented deflation, fundamentally challenging decades of monetary policy orthodoxy. His vision of an AI-powered economy where goods and services become exponentially cheaper stands in stark contrast to the inflation-obsessed frameworks that have dominated ce…