I think there’s a good chance the degree to which the world of 2050 looks different to the average person might have very little to do with GDP.
On the one hand, a large chunk of the GDP growth I expect will come from changes in how we produce, distribute, and use energy and chemicals and water and food and steel and concrete etc. But for most people what will mostly feel the same is that their home is warm in winter and cool in summer, and they can get from place to place reasonably easily, and they have machines that do their basic household chores.
On the other hand, something like self-driving cars, or augmented or virtual reality, or 3D printed organs, could be hugely tranaformative for society without necessarily impacting GDP growth much at all.
I think there’s a good chance the degree to which the world of 2050 looks different to the average person might have very little to do with GDP.
On the one hand, a large chunk of the GDP growth I expect will come from changes in how we produce, distribute, and use energy and chemicals and water and food and steel and concrete etc. But for most people what will mostly feel the same is that their home is warm in winter and cool in summer, and they can get from place to place reasonably easily, and they have machines that do their basic household chores.
On the other hand, something like self-driving cars, or augmented or virtual reality, or 3D printed organs, could be hugely tranaformative for society without necessarily impacting GDP growth much at all.