AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Challenge of Technological Innovation
The author says we need to make sure the economy grows 5 to 6% a year and that we develop technological solutions. The challenge, however, is that while there is a lot of talk about how technology is changing the world, in the macroeconomic numbers, we don't yet see the increase in productivity coming from all this tech innovation. In the next 10 years, the job destruction is not going to come from migration or trade, it'sgoing to come from technology.