Will AI Technology Lead to Deflation? Exploring Sam Altman's Warning and OpenAI's GPU Constraint
- Karl Cassell
- Mar 16, 2025
- 1 min read

OpenAI CEO Sam Altman predicts that artificial intelligence (AI) will have a deflationary impact on the global economy, a consequence he believes is underappreciated by investors. At a private Morgan Stanley event, Altman explained that AI's rapid advancement leads to a tenfold reduction in usage costs every year, significantly boosting its adoption. This surge in AI utilization is expected to enhance global efficiency and productivity, potentially offsetting inflationary pressures. However, Altman also cautioned about AI's potential misuse by authoritarian governments for surveillance and control.
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