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Only if it’s a sentient being, in reality we’re just going to get smarter tools. That still doesn’t make things free but it could make them cheaper.
Then it's not an AGI. If you can use the word "just", that seems to make it not "general".

> That still doesn’t make things free but it could make them cheaper.

That would increase demand for it, which would also increase demand for its inputs and outputs, potentially making those more expensive. (eg AGI powered manufacturing robots still need raw materials)