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The Theory of Technological Stagnation
Walter Cronkite: One of the most influential strains of thought among people like Peter Teal Robert Gordon some others over the last 10 to 20 years has been the thesis of technological stagnation. He says it's a remarkable fact about the United States since the 1970s is the decelerating rate of technological and economic change so they'd point to stagnation, infrastructure health care education maybe slowdowns in productivity growth median wages and living standards stagnating but Walter you didn't have much time for this theory before we all started hearing more about artificial general intelligence and AI doomerism and extinction tell us why this theory has never made much sense to you.