Macro Musings with David Beckworth cover image

Jesus Fernandez-Villaverde on Demographic Trends, Recent Macroeconomic Developments, and AI’s Implications for Economic Growth

Macro Musings with David Beckworth

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AI and the Future of GDP

A lot of our GDP is not about producing TVs. We have gotten so good at producing TVs and computers that even if we got much better, that's not going to provide a lot of economic growth. And then with respect to things like health, I think that people coming back to my point at the very beginning of the interview do not understand national income and product accounts.

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