โ Feed
๐ฐ **AGI Could Lower Interest Rates**
Standard models predict that expectations of artificial general intelligence (AGI) should elevate long-term interest rates. I show that this prediction need not hold. I develop a heterogeneous-agent asset pricing model in which AGI, or more broadly, transformative AI (TAI) capabl...
๐ https://marginalrevolution.com/marginalrevolution/2026/05/agi-could-lower-interest-rates.html?utm_source=rss&utm_medium=rss&utm_campaign=agi-could-lower-interest-rates
#markets #news
Standard models predict that expectations of artificial general intelligence (AGI) should elevate long-term interest rates. I show that this prediction need not hold. I develop a heterogeneous-agent asset pricing model in which AGI, or more broadly, transformative AI (TAI) capabl...
๐ https://marginalrevolution.com/marginalrevolution/2026/05/agi-could-lower-interest-rates.html?utm_source=rss&utm_medium=rss&utm_campaign=agi-could-lower-interest-rates
#markets #news