In my humble opinion, money is a distraction most of the time when trying to understand economic matters. Instead it's better to take opposite view: looking at the flow of goods and services.
AI will allow higher production of goods and services. If producing goods and services becomes cheap enough (and it's looking like it will become dirt cheap), then it will not take much redistribution for it to reach the masses.
I think the true crisis will be one of purpose. That we live meaningless lives of leisurely abundance.
The same way lesser automation has reduced the price of goods. By allowing an increase in the scope of automation, AI will decrease the costs of goods. Someday.
AI will allow higher production of goods and services. If producing goods and services becomes cheap enough (and it's looking like it will become dirt cheap), then it will not take much redistribution for it to reach the masses.
I think the true crisis will be one of purpose. That we live meaningless lives of leisurely abundance.