“There would probably be some economic impact, but much less than the 2008 financial crisis, for example it might decrease growth by 25% versus leading to negative growth for roughly two years in the case of the 2008 crisis.”

LessWrong (Curated & Popular) · "“Hardwired Pause” should likely be your favorite (pause) plan." by David Scott Krueger

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What was described

estimate economic impact of a hardwired pause

decrease growth by 25% versus leading to negative growth for roughly two years in the case of the 2008 crisis

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