kaal:claim:5886442-014

Contesting the continuity view, the author argues that AI2AI is not a case of technological progress shifting the production possibility frontier outward as steam, electricity and the internet did, because those earlier shifts expanded the feasible set while preserving scarcity as the defining condition.

This is not simply a case of technological progress shifting the production-possibility frontier outward, as occurred with steam, electricity, or the internet. Those earlier shifts expanded the feasible set while preserving scarcity as the defining condition.

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025), Neoclassical Economics and the Scarcity Postulate, p. 12
https://ssrn.com/abstract=5886442 · source PDF

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025). SSRN: https://ssrn.com/abstract=5886442

mechanismsupport: arguedeconomics

• extended_by kaal:claim:6421319-007 Price collapse under AI abundance is structurally different from cyclical deflation: conventional deflation re...

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