I think a lot of our economy now is about cool things, not just things that make you are able to help you do things faster. We don't have very good ways to measure those things because they're new. And so that inventing new things is really the real engine. So what I'm suggesting is that being able to make things that we already know what we want with less time and less resources is part of the story. It's not the whole story. But it's the basis of how we got started to begin with.
Kevin Kelly talks with EconTalk host Russ Roberts about measuring productivity in the internet age and recent claims that the U.S. economy has entered a prolonged period of stagnation. Then the conversation turns to the potential of robots to change the quality of our daily lives.