There is no question that AI is changing the global economy at unprecedented speed. But will it rescue rich countries from intensifying debt pressures, particularly as rapidly aging populations increase pressure on benefit programs?
If so, could these countries safely run even larger deficits, effectively borrowing against ultrarich future generations?
No one should bet the farm on it.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.