An AI-driven Productivity Boom is Coming


In the face of a stagnant workforce, rising affluence can only be achieved via higher productivity. We last saw this from 1948-to-1972 when productivity growth averaged 2.8% annually. But since 1973, the United States has suffered from relatively slow productivity growth.

During this period economic growth was largely due to the one-time effects of Baby Boomers entering the economy in the 70s & 80s, followed by mar.....
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