My modal prediction for next decade: Interest rates spike as capital shifts from savings (treasuries) to investments due to higher returns promised by AI related capex. We’ve never seen this before bc AI is the only modern project that could affect real rates to this degree. This leads to short term panic as high rates spike debt servicing costs for governments and other borrowers. After 3 years of panic, it becomes clear to the market that the investments are paying off in a big way. Interest payments remain high but increased revenue from economic growth more than offsets the higher borrowing costs. Panic shifts to euphoria. Developed world adjust to 5% growth rates as the new normal and now demand 10% to be happy. Healthcare consumption + R&D grows as a percent of GDP as incremental disposable income is spent on more wishes (aka not dying).