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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The Importance of Economic Growth in AI

There's both a supply and demand side story to idea generation with population growth. If you only have 75% as many as in 1980, you are just going to have 75% of the same number of new firms that in 1980. And again, what consequences is going to have for humanity, I think they are going to be quite fundamental. Being very, very smart is more and more important, never and ever.

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