The old GDP playbook was simple: population growth + productivity + debt smoothing. Worked for decades.
Then demographics slowed. Productivity flatlined. Debt became the only engine left — which is why we're trapped printing money just to service what we owe.
But there's an exit. The new formula adds AI + robots.
Productivity stops being about human hours. It becomes intelligence per unit of energy. The first two engines restart.
We've seen this before. Post-WW2, a baby boom drove GDP so hard that debt shrank as a % of the economy until no one cared anymore.
Same dynamic incoming. Except this time, robots do the work.
Then demographics slowed. Productivity flatlined. Debt became the only engine left — which is why we're trapped printing money just to service what we owe.
But there's an exit. The new formula adds AI + robots.
Productivity stops being about human hours. It becomes intelligence per unit of energy. The first two engines restart.
We've seen this before. Post-WW2, a baby boom drove GDP so hard that debt shrank as a % of the economy until no one cared anymore.
Same dynamic incoming. Except this time, robots do the work.