Economists warn that widespread AI-driven job losses could sharply reduce consumer spending, a key engine of economic growth, potentially triggering a significant decline in GDP. One estimate suggests that if AI reduced employment by 10%, GDP could fall by about 25% in the short term because lower incomes would lead to less consumer spending. Still, some economists expect AI to create as many jobs as it eliminates, while others caution that the technology’s rapid, potentially transformative adoption makes its economic effects unusually difficult to predict.

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