economic growth

“Now, what is true for steam engines is essentially true across the board. Knowledge. Builds technology, and technology builds knowledge, and that synergy between these two sort of different aspects of human knowledge is what drives essentially our modern econo…”

“We know that as a general proposition, it's been important for economic growth that we've had scientific research going on. Does that mean that if we put more money into scientific research now that we will be able to benefit from the consequences at any predi…”

“For decades and decades, we've trained people to believe that the government can provide a very steady income, can provide low unemployment, can provide rapid economic growth. And I think the government's ability to do this is limited. What we're seeing, I thi…”

“Even though the costs drop, the total throughput, the total use increases by a lot because it becomes more accessible. And so rather than removing drops or removing value, this tends to expand growth. Like the internet almost certainly expanded growth in the U…”

“And so you're gonna have this explosive dynamic. And once we get like that loop closed, I think it would just be like, 20% growth plus.”

“AI, if it works the way that actually people either hope or fear that it's going to work, it's going to cause productivity growth to shoot up. That will naturally accelerate economic growth.”