I think it's harder to distill qualitative improvement into a GDP number. Take TV for example. Today you can watch Squid Games on your 65" 4k TV. 30 years ag

I think it's harder to distill qualitative improvement into a GDP number. Take TV for example. Today you can watch Squid Games on your 65" 4k TV. 30 years ago you got to watch whatever was on cable on your 27" CRT. But where does that improvement get captured? We don't manufacture more TVs. In fact, we make fewer. We don't spend more money on Netflix than Cable. We actually spend less. There's a lot of things like that where the quality has improved but that's hard to put an actual GDP number on.