1min snip

"Upstream" with Erik Torenberg cover image

E75: The Future of AI-Enabled Companies with Omar Shams, CEO of Mutable AI

"Upstream" with Erik Torenberg

NOTE

Balance Happiness and Economic Metrics

GDP serves as an economic measure of market transactions, yet it often fails to capture the nuances of human well-being. While GDP reflects the production of goods purchased in the market, it overlooks non-market activities, such as cooking dinner for family, which can enhance happiness without contributing to economic growth. Efforts to optimize economic outputs can lead to a disconnect from individual preferences and overall satisfaction, highlighting the need for alternative metrics that consider both economic productivity and the quality of life.

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