2min chapter

Lex Fridman Podcast cover image

#141 – Erik Brynjolfsson: Economics of AI, Social Networks, and Technology

Lex Fridman Podcast

CHAPTER

Is There a Congestion Tax?

In Singapore, the traffic just flows because they have a congestion tax. This is complete waste of time. You can just visualize the cost and productivity that's just great. Most could economist would probably agree with me point by point on these things. And we could do those things in our whole economy become much more efficient. It become fair, invest in R&D and research, which is close to a free lunch is what we have.

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