Why is this limit unique? Why can’t we be working on “distribution inefficiencies and similar” for the next 100 years?
In the case of real GDP per capita per hour worked, this limit is exactly unique- “distribution inefficiencies and similar” doesn’t apply. Indeed, this is tautologically true as you say. Think about what it would look like for an increase in real GDP per capita per hour worked to not have the form of “Something allowed for more work to be done per hour per person”. It wouldn’t look like anything- that doesn’t make any sense.
I would completely ignore my comment on “distribution inefficiencies and similar” until you know what I mean by this. To explain my comment, real GDP per capita per hour worked is not the same as the nebulous “prosperity” I was referring to, which also contains some level of preference for how material goods are distributed.
Maybe I’ll ask this, does your statement regarding universal bottleneck apply explicitly to humans? Or does it also apply to apes and bacteria and AI?
Because we particularly care about how much work humans do, and how wealthy they are. We do not really care about the work hours or prosperity of bacteria. Economic productivity is measured relative to how much money people have and how much they must work to get it. Just read my previous comment and/or the post again- this would seem to be a really basic sort of confusion that I can’t fix for you.
In the case of real GDP per capita per hour worked, this limit is exactly unique- “distribution inefficiencies and similar” doesn’t apply. Indeed, this is tautologically true as you say. Think about what it would look like for an increase in real GDP per capita per hour worked to not have the form of “Something allowed for more work to be done per hour per person”. It wouldn’t look like anything- that doesn’t make any sense.
I would completely ignore my comment on “distribution inefficiencies and similar” until you know what I mean by this. To explain my comment, real GDP per capita per hour worked is not the same as the nebulous “prosperity” I was referring to, which also contains some level of preference for how material goods are distributed.
Because we particularly care about how much work humans do, and how wealthy they are. We do not really care about the work hours or prosperity of bacteria. Economic productivity is measured relative to how much money people have and how much they must work to get it. Just read my previous comment and/or the post again- this would seem to be a really basic sort of confusion that I can’t fix for you.