Khosla's views align with those of Elon Musk, who last year predicted a "quasi-infinite" economy if Tesla's AI robot Optimus were capable of manual labor. Musk envisions a future of abundance with no poverty, where products and services are readily available. Both Khosla and Musk believe AI will fundamentally transform civilization.
Key takeaways:
- Vinod Khosla, billionaire and early OpenAI backer, believes that AI will have a 'hugely deflationary' impact on the economy over the next 25 years.
- Khosla suggests that traditional measures of GDP and the economy will become less relevant, but goods and services will be abundant.
- Elon Musk also predicts significant economic impacts from AI, suggesting that the economy could become 'quasi-infinite' if AI robots were capable of manual labor.
- Khosla's venture capital firm invested $50 million into OpenAI in 2019, marking the largest investment in the firm's history.