Will artificial intelligence affect real interest rates?

Developments in the field of artificial intelligence continue rapidly, and the same goes for questions about the way of the impact of artificial intelligence in the economy, asset prices and interest rates, which are the most important topic in the current period. Is it likely that artificial intelligence causes its length or decline? You may think that economists have a clear understanding and a healing answer to this direct question, but the macro -economic and artificial intelligence is complex. However, I have a daring expectation; Real modified interest rates according to inflation will rise for a long time. An increased demand for capitalist spending indicates the prevailing belief that interest rates often fall by high wealth and productivity. It is easy to see the source of this opinion, as the real interest rates still fall in general for 4 decades. In theory, lending becomes safer over time, especially with the growing wealth available for savings. So, why these mechanisms can be disrupted? My illogical expectation is based on two considerations, the first in practice; If the mutation of artificial intelligence is real or the rise of artificial general intelligence (AGI), demand for capitalist spending will increase seriously. The second in terms of theory; Where capital productivity is a key factor in the formation of real interest rates. If capital productivity increases significantly due to artificial intelligence, real interest rates must also be increased. Also read: “Intel” the $ 20 billion award reveals US weaknesses that represent capitalist spending in the world of artificial intelligence. The rush to produce high -quality semiconductors will continue. And those investments are not easy, nor low costs. However, the demand for investment will not stop there. The more integration of that artificial intelligence into life and business plans will increase, the demand for calculation will increase, which requires a significant extension of energy infrastructure. I reiterate that the cost of these investments is not low. For example, the North Virginia region in the current period has a major crisis of this way, and the cause is not artificial intelligence. The region is home to large data centers, and currently needs the equivalent of a number of major nuclear power plants to meet the expected energy needs. Increased investment may be the beginning of high capital spending, as artificial intelligence leads to some progress in the rate of scientific disclosure, a tendency that is expected to continue. For example, imagine- as artificial intelligence reduces the cost of desalination of water around the world. Suddenly, the demand for the development of more parts in the states of California, Arizona and Nevada will increase, and the United States will build more real estate and use a greater amount of energy. Also read: What is the importance of the “black” cutting of “Invidia” for artificial intelligence? It also appears that the demand for travel to space and the release of satellites is also increasing for many reasons, including artificial intelligence. Innovation in software also leads to significant progress on the part of devices and equipment. The least caused by optimism is that the war based on artificial intelligence and attacks by drones can increase their importance, as it is currently visible in Ukraine and Middle East. While this is a problem, it will increase investment. If a sufficient number of these trends complies during a short time, real interest rates can be expected as the demand for loans and investment will increase, although savings will not rise on a rate in the short term. Where the outdated societies will be exhausted by the wealth they have accumulated. Stress on real interest rates as artificial public intelligence becomes a reality, it will be similar to that billions of potential workers enter the global economy almost at the same time. It is a complicated scenario, but the possibility that it will lead to an increase in investment by 5% or more than the US GDP seems logical and acceptable. There will also be significant investments to help human workers deal with the resulting adjustments and to redirect their efforts. Also read: Artificial intelligence threatens 8 million posts in the UK in practice; The transport sector is expected to recover, as well as expanding the scope of government programs for employees. These two factors with other similar forces will cause an increase in upward pressure on real interest rates. As I said, the total economy is not easy at all, so it should be considered to guess more than an expectation. The willingness to constantly reflect the direction of the real interest rates to decline to the rise- for at least a few decades- is logical, until the development of artificial intelligence achieves more wealth to increase savings, and accordingly the real interest rates decline again. Are currently preparing for change. The decline in interest rates is not a fixed law that does not change in economic history. Just as the financial crisis showed in 2007 and 2008 that the ‘big moderation’ was an illusion, it can be clear that the current major moderation in real interest rates is a volatile phenomenon.