AI Snips
Chapters
Transcript
Episode notes
Delayed Tech Growth Impact
- Technological advances like the internet may not have fully shown their growth impact yet.
- Benefits might be underestimated or delayed, resembling electricity's gradual economic effect.
Diminishing Returns in Research
- Research productivity shows diminishing returns, requiring more effort to achieve progress.
- Increasing the number of researchers can offset diminishing rewards and sustain growth.
Empower Students in Graduate School
- Prioritize investing in well-trained people to boost innovation and growth.
- Let students have control over graduate funding to foster competition and align education with future opportunities.