5min chapter

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E101: Never Waste a Crisis

OPERATORS

CHAPTER

Tech's Economic Impact: Balancing Inflation and Deflation

This chapter discusses the dual effects of technology and AI on the economy amid rising inflation, suggesting that the deflationary impacts of innovation may counteract traditional economic pressures. It emphasizes the limitations of GDP as a measure of economic value and provides a compelling analogy for the rapid pace of human progress and its implications for the future.

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