[kermatt]

When talking about the economy, how much of these numbers consider secondary effects of AI?

For example when there are large scale layoffs attributed to AI (which in some cases may be a smokescreen to reduce headcount), the people that are affected reduce their spending to compensate.

Less spending means less revenue for other companies, resulting in more layoffs, something of a feedback loop?Therefore perceived productivity gains maybe a net negative in the macro economic sense.

I am no economist so I don't know if any of that makes sense, but it's something I regularly wonder about.