It does lead to the 2 point, they are opposite, that's what Jeff is saying. 1) technology like AI,makes everyone more productive, so it makes everything cheaper. 2) The current fiat system demand everything to go up in price. This two points are opposite to each other, the fiat system is not sustainable bc technology is deflationary not inflationary.
Discussion
I meant to say it *doesn't* lead to the second point.
When central banks see that prices are not going up (inflation below 2%), guess what they will do? They will "incentivise" consumption by giving cheap money to everyone(low interest rates/money printer) so prices will be artificially pumped, not bc of economy, more demand, it's your money that has been devalued.