US economy

“But I think with many new technologies in human history, the first 20, 30 years, they don't deliver what they promise, and then there's a huge explosive takeoff, precisely when everyone's all disillusioned. So I think we're actually on the verge of a new treme…”

“There are more barriers to entry in our economy than ever before.”

“Generally what's happening is the rate of introduction of new companies in the economy has been falling for 40 years and is showing no sign of resuming. So there's more economic stability as measured by company creation and destruction than there has been in, …”

“I think what's going to happen in the next decade or two, the story in the US economy is simply going to be that Huge industries are going to reorganize themselves along the lines of autonomous intelligence.”

“The US economy downshifted its rate of technological change you know, basically since the 19 sixties in technological changes measured by productivity growth in the economy was much faster prior to the last 50 years than the most recent 50 years.”

“Around, you know, 1971, basically the U.S. Economy permanently downshifted its growth rate. And both in terms of productivity growth, which of course measures technological transformation in the economy as well as economic growth.”

“Well, I think you can run four to six percent durably without inflation, which is magic.”

“Now the entire US economy is sort of a bet on AGI”

“If you just look at like how much of, you know, dollars are spent in the U S economy on labor versus software, it's like something like 40 times more.”