2min chapter

The TED Interview cover image

The end of our 50-year stagnation | Tyler Cowen

The TED Interview

CHAPTER

The Slowdown in Computing Power

In the 19 twenties and 19 thirties, innovation was adding value at a rate of about two to three % a year. More recent times, we're actually lucky if the value added from innovation is one % a year,. Sometimes it's half a % a year. But i absolutely would admit computing power is an exception to the slowdown. I think it's relatively small changes compared to what my grandmother saw. The internect connected us all and spread innovation and so forth. And, you know, it's backed by things like moore's law, where the fundamental engines of distribution of information doubling in power at a shockingly rapid pace. So i think the numbers support my view and the

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode