If predictions of AI optimists come true, it's going to be an economic nuclear bomb. If not, economic effects of AI will not necessarily be that important

Europe runs 3% deficits and gets universal healthcare, tuition free universities, 25+ days paid vacation, working trains, and no GoFundMe for surgeries.

The U.S. runs 6–8% deficits and gets vibes, weapons, and insulin at $300 a vial. Who's on the unsustainable path and really overspending?

If the average interest rate on U.S. government debt rises to 14%, then 100% of all federal tax revenue (around $4.8 trillion/year) will be consumed just to pay interest on the $34 trillion national debt. As soon as the current Fed Chairman gets fired, practically a certainty by now, nobody will buy US bonds for less than 10 to 15% interest.

We'll only be able to afford our lifestyles by letting OpenAI's bots make spreadsheets that aren't accurate or useful outside of tricking people into thinking you did your job?