There's one additional question we could have here, which is "is AI here to stay and is it net-positive, or does it have significant negative externalities"

> What we really want to ask ourselves is whether our economy is set up to mostly get things right, or it is wastefully searching.

We've so far found two ways in recent memory that our economy massively fails when it comes to externalities.

Global Warming continues to get worse, and we cannot globally coordinate to stop it when the markets keep saying "no, produce more oil, make more CO2, it makes _our_ stock go up until the planet eventually dies, but our current stock value is more important than the nebulous entire planet's CO2".

Ads and addiction to gambling games, tiktok, etc also are a negative externality where the company doing the advertising or making the gambling game gains profit, but at the expense of effectively robbing money from those with worse impulse control and gambling problems.

Even if the market votes that AI will successfully extract enough money to be "here to stay", I think that doesn't necessarily mean the market is getting things right nor that it necessarily increases productivity.

Gambling doesn't increase productivity, but the market around kalshi and sports betting sure indicates it's on the rise lately.