Why 50 years of tech revolution didn't boost productivity like we think

Yet, if you actually look at the statistics, basically, since actually, since the year I was born, 1971, productivity downshifted hard, from prior eras.

2:24 / 3:04

The the the prevailing kind of myth of the last fifty years, basically, my entire life, our all of our entire entire lives has been that we've been in this era of very rapid technological change, which would necessarily mean very rapid productivity growth. Yet, if you actually look at the statistics, basically, since actually, since the year I was born, 1971, productivity downshifted hard, from prior eras. And productivity growth, basically, for the last fifty fifty five, sixty years has been at basically historical lows. It's it's been very low, which is, by the way, why economic growth has been low, which by the way is why the national mood has become so focused around, you know, zero sum economics, populism, you know, the the the sense that if if somebody's getting ahead, somebody else must must be getting disadvantaged.

About this clip

Marc Andreessen challenges the widespread belief that we've experienced rapid technological progress over the past 50 years by pointing to actual productivity statistics. He argues that since 1971, productivity growth has actually been at historical lows, which explains slower economic growth and the rise of zero-sum thinking in politics and economics.

Why this clip

Andreessen directly contradicts a widely-held assumption about technological progress with hard data, offering a provocative explanation for current economic and political trends.

2:24 - 3:0440scontrarian take

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