alt Hacker NewsVery absurd notion given that most economists recognize personal computers and the internet have barely impacted labor productivity and global GDP outside of consumption spending
Embedded and industrial computing however have had a profound impact
Very absurd notion given that most economists recognize personal computers and the internet have barely impacted labor productivity and global GDP outside of consumption spending
Embedded and industrial computing however have had a profound impact
Correct nominal GDP will barely move.
Could real GDP. Maybe...? I mean people need to dive into the details. How many products/services can be sold...? its not infinite dont be stupid.
Its easy talking about this stuff at a high-level, when you start going into the details you begin to get very uncomfortable. The math right now, simply does not math!
Firms will not wait forever to see what the value of frontier AI is - these scare tactics are wearing off.