Tariffs and dropping 20% of global fossil fuel production on the other hand are _massive_ inflation boosts. The US government is using an assault rifle to shoot the US economy in the foot.
That other commenter made a very common mistake - confuse shallow econ theory with reality. In practice, AI doesn't have to be a scam in order to be inflationary, it has to only incur higher costs than the labor savings, which is clearly the case today.
The cost of AI has to include the cost of public assistance to the "saved labor" because without that things get political. If you think about it, there's no way for AI to result in anything other than harm in a system which is not specifically built to accommodate AI.
The inflationary pressure is additionally increased by providing the services far below cost on a vast scale. Think about near-worldwide free LLM usage funded by... US inflation, that's the reality.
> Tariffs and dropping 20% of global fossil fuel production on the other hand are _massive_ inflation boosts.
War and war funding are also massive inflation boosts, they should not be missed when discussing inflation.
Doesn’t this part sound like “guy not in software asks the usual question about software”?
Big orgs in the field are renowned for shipping worse product.
Or head count in dev teams, now doing even more with less.
Not to count all those gas stations, supermarket checkouts, or underground lines that are fully automated.
Still wondering when I will also be shown the door.