Editing Idea:Synthesis: Eight Economists on Technological Deflation and Value (section)

== Implications for Stakeholders ==

=== For GDP and Productivity ===

'''The Consensus View''':
* Monetary measures increasingly meaningless
* Real progress masked by statistical illusions
* New metrics urgently needed
* Focus should shift to outcomes not inputs

=== For Business Valuations ===

'''The Synthesized Framework''':
* Traditional valuation models broken
* Intangible assets dominate
* Winner-take-all dynamics intensify
* Disruption risk permanent

'''Strategic Implications''':
* Cannibalize yourself before others do
* Focus on ecosystem not firm value
* Business model innovation trumps technology
* Patient capital essential

=== For Consumer Benefit ===

'''The Paradox Resolved''':
* Consumers gain enormous utility
* But relative position matters more
* Access improves while ownership declines
* Time becomes scarcer despite automation

=== For Government Policy ===

'''The Challenge Identified''':
* Traditional tools ineffective
* Fiscal pressures mounting
* Political economy increasingly difficult
* International coordination necessary

'''Policy Synthesis''':
* Monetary: Higher inflation targets, unconventional tools
* Fiscal: Massive public investment, redistribution
* Regulatory: Update for digital age, enable experimentation
* Social: New safety nets, universal basic services