GoKawiilAI boom coincides with rising prices, not the deflation its backers promised
AI leaders such as Sam Altman, Dario Amodei and Marc Andreessen previously predicted that powerful AI would push the cost of labor and goods toward zero and cause widespread job losses. Instead, employment remains high and prices are climbing, with the Conference Board's consumer confidence index recently hitting its lowest level since 2014.
GoKawiil's interpretation of the reporting above, not reported fact.
The gap between AI's promised deflationary effects and the economy's actual inflationary trend may be feeding public resentment toward the technology, since many Americans are being told AI offers abundance while simultaneously facing higher living costs. This mismatch could be deepening distrust of AI companies and their executives, who have grown wealthy even as the predicted price collapse has not materialized.
- AI pioneers forecast near-zero labor and goods prices from powerful AI.
- Current reality shows high employment alongside rising consumer prices.
- Consumer confidence has fallen to its lowest point since 2014 amid these conditions.
Source: derekthompson.org — Derek Thompson, 2026-10-02
Published there as: “We're Missing a Key Reason Why Americans Hate AI”
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