#29 – Phil Trammell on Economic Growth under Transformative AI
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The Importance of a Distribution of Possible Growth Rates
I was wondering what you have to say about this crowd of economists and beyond who go under this kind of de-growth umbrella. Their mantra is, well, on one hand, an expectation that growth just must a level off at some point. On the other hand, they claim that maybe we should get busy making that happen sooner. We haven't really discussed whether growth is a good thing, although my guess is that the assumption here is that it is all else be equal. What we need to do is pull back, tighten our belts and live within our means if we care about making the long-run future go better.
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