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> Some people are saying, but economic growth does not necessarily imply tech progress I think generally speaking, economic growth does not necessarily mean te
by crazy1van 12y ago
> Some people are saying, but economic growth does not necessarily imply tech progress
I think generally speaking, economic growth does not necessarily mean tech progress. But, tech progress does mean economic growth.
With improved technology, we get more value from the same inputs. What would have gotten me a small black and white TV 50 years ago gets me a 60inch plasma TV today. In the time I once could draft a letter to one friend, I can share a thought with all of my friends on social media.
I know sometimes the word "economic" growth makes people think of some impersonal behemoth corporations preying on the little guys. But really, if you are working on something to give people more value for the same resources, whether it be a person's time or money, you are contributing to economic growth.