Claude Can’t Pay for Your Retirement
AI seems poised to drain our wallets, not leave us flush with cash for senior center bowling excursions.
The basic laws of economics still apply.
Photographer: Philip Dulian/picture alliance via Getty Images
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AI can ruin your Hinge date. It can detect cosmic anomalies. It can make history come alive. But it cannot suspend the basic laws of economics, says Allison Schrager. Elon Musk’s recent prediction — that AI will make saving for retirement unnecessary — is complete hogwash in her eyes. Consider the following four scenarios. In the future, Allison says AI will either …