5 ms·
GDP will become increasingly diverged from technological progress and standard of living I think, though it's quite a poor metric even now. Mobile phones getti
by zurn 11y ago
GDP will become increasingly diverged from technological progress and standard of living I think, though it's quite a poor metric even now.
Mobile phones getting internet access doesn't show up for example. Software mostly shows up as productivity improvements, advantages in the personal sphere are ignored. Economic gains from growth increasingly going to few oligarchs doesn't show up either. Even longer life is interpreted as a minus: Longevity and longer retirements show up as expenses.