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An AI-caused recession requires the owners of capital to hit a hard ceiling on spending and then refuse to invest the rest, which is a very improbable combination.

Drawn from what Alex Imas said

SubjectAI and jobs
What this subject means

AI and jobs Whether AI displaces human work, which jobs go first, and what replaces them.

What Alex Imas actually said

  1. Alex Imas Behavioural economist at Chicago Booth
    So, what you need is that basically demand to be bounded, like a hard bound, not even like a soft sort of like diminishing sensitivity. You need for them to eventually say, "I've had enough. I don't want to spend any more money." And for that money to not enter as investment.

    Where this was said

    Watch from 0:36:33 plays here

    ↗The better AI gets, the smaller its share of the economy might get – Alex Imas and Phil Trammellyoutube.com

    4 Jun 2026 · video · 1h 16m · spoken · machine transcript

    All 33 korrents from this recordingthis one is 16th

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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