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16 results for “technological progress”
technological progress
...technological progress happening in the world, and the world is going to depopulate.
...no technological progress in the actual economy for a very long time. So so we could talk about that. And then there's this other, like, just incredible thing that's happening, which is the the, you know, sort of the the demographic collapse. Right?
...technological progress in the actual economy for a very long time. So so we could talk about that. And then there's this other, like, just incredible thing that's happening, which is the the, you know, sort of the the demographic
...technological progress in the economy. We've had remarkably little job churn as a result of that relative to any historical period. And so even if AI, like, ticks up even if AI triples productivity growth in the economy, which would, like, be a massi
If your technological development is stagnant, then that that that's not the case. And it's it's an aggregate measure, but it's a it's a good measure overall. If you look at those statistics, basically, what you find is we had very we take more recen
...of technological development, in the economy, with a metric that economists call productivity growth. And so and and and basically the way that that works is, you know, economic productivity is defined basically as output per unit of input. Right? An
the equivalent of trying to create distinctions between other types of technology. So the the automobile, the airplane, the telephone, the computer, all of these technologies are tools that created leverage, leverage on things that were otherwise com
real GDP growth. So a fivefold increase from 0.6 to 3%. You have to move, to forward to today to see multiple innovation platforms evolving at the same time, so for the first time in a hundred and twenty five years. This time, there are five platform
on productivity. And you can see in this time, we've had two great eras. The first one was in the late 1800s, early 1900s, telephone, electricity, internal combustion engine, huge boost in GDP growth. And in fact, prior to that, for the four hundred
the world always it's you know, I think it's a a Bill Gates quote. You know, the the world always changes less than you expect over the next one, two, three years, but way more than you expect over ten years. Yeah. Just takes time for technologies to
Now they're worrying about tariffs on transformers and are the components of transformers. Then they're competing with data center needs and companies that say, I'll just build my own power to support this. And so that's just a marketplace that was d
There is fundamental installation, infrastructure, hardware that goes into that era of technology adoption. We'd now press deep research on a model that we were already using, and we can get rid of three researchers. There is no installation. There's
...progress is that if you're getting better at 10 x every two years, that doesn't mean you'll be at 20 x in four years. It means you'll be at a 100 x, a 100 x. So the models, the chips, and the data centers will all be a 100 times more powerful in four
“Europe's productivity problem isn't what you think it is”
they made an analysis that said, if you strip out the tech sector, European productivity is on par with The US. But the reason The US is is is so much ahead is because the tech sector is so much bigge
Generally speaking, techno optimists, I would say, are folks that believe that accelerating outcomes with AI, with automation, with bioengineering, manufacturing, semiconductors, quantum computing, nuclear energy, etcetera, will usher in this era of
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