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The AI Industrial Explosion — Part 1: Maximum growth rates with current production methods

defensesindepth.bio · 9,338 words · saved by 1 readers

How fast can an AI-driven economy grow? Economists expect a few percentage points; at best those closer to AI development imagine Dyson spheres within years. Who is correct?

How fast could an AI-driven economy grow? Most economists expect a few percentage points at best, comparable to previous general-purpose technologies ( Acemoglu (2024) ). Those closer to AI development tend to imagine something much more radical ( Shulman (2023) ; Davidson and Hadshar (2025) ). This series aims to ground growth rates in how physical production works. Once human labor is automated, the constraint on growth becomes the speed at which the economy's physical capital can reproduce itself. Government input-output tables track the full supply chain of what it takes to produce every c

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