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Personally I think this just shows how flawed the GPD measure is - it's really just a measure of money going around, volume of trade, not really wealth. What d
by jacknews 2y ago
Personally I think this just shows how flawed the GPD measure is - it's really just a measure of money going around, volume of trade, not really wealth.
What do facebook and similar tech giants, which contribute significantly to US GDP, really, actually, contribute to our collective wealth, as in improved material living conditions and capacity?
- kenutus 2y agoWell they have many high paying jobs, and those people pay taxes. Facebook itself pay taxes. And facebook provide connectivity to billions of people which itself is very valuable.