As measured by GDP, AI will be super undervalued. How would the datacenter of geniuses show up in GDP? GDP would show raw inputs (aka chip & energy), and raw outputs (aka cost of tokens). But wouldn't clearly reflect the value of the crazy new shit that's being cooked up in those tokens. Similar problem to how the Internet's value is undercounted today (since many products are free, and thus contribute nothing to measured GDP). Perhaps the best way to measure the size of the future AI economy will just be our civilization's total energy use. Full episode with @CJHandmer out in a couple hours! (Credit to @jekbradbury and @gwern for mentioning this idea in conversation.)