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

== The Inflation/Deflation Dance ==

=== Why Both Occur Simultaneously ===

The synthesis explains the paradox:
# '''Technological goods''': Exponential deflation (Brynjolfsson)
# '''Human services''': Persistent inflation (Baumol)
# '''Status goods''': Competitive inflation (Cowen)
# '''Asset prices''': Bubble inflation (Perez)
# '''Aggregate effect''': Depends on weights and measurement

=== The Future Trajectory ===

Combining all perspectives suggests:

'''Near-term''' (2024-2030):
* Continued paradox of abundance and stagnation
* AI frenzy phase, bubble formation likely
* Inequality continues widening
* Political instability increases

'''Medium-term''' (2030-2040):
* Potential crisis and reset (Perez cycle)
* Institutional adaptation possible
* Deployment phase if managed well
* Or extended stagnation if not

'''Long-term''' (2040+):
* Either golden age of abundance
* Or permanent class stratification
* Depends on policy choices today