Reviving capitalist dynamism, with Tyler Cowen
The Permanent Problem
00:00
Implications of Population Decline and AI on Productivity Growth
The speaker expresses concerns about the negative impact of slowing population growth rates on productivity growth and the potential inability of AI to compensate for the lack of real workers. The speaker questions the significance of rate effects versus level effects and highlights historical examples of small groups achieving remarkable advancements. Moreover, the speaker worries about the dark implications of a shrinking population beyond just economic concerns, emphasizing the need to address these challenges to sustain progress and societal well-being.
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