Paul Krugman: Is Growth Over?Quicklink submitted by Sheila Samples Permalink
Become a Fan
|Smart machines may make higher GDP possible, but also reduce the demand for people -- including smart people. So we could be looking at a society that grows ever richer, but in which all the gains in wealth accrue to whoever owns the robots. And then eventually Skynet decides to kill us all, but that's another story. Anyway, interesting stuff to speculate about -- and not irrelevant to policy, either, since so much of the debate over entitlements is about what is supposed to happen decades from now.|
The time limit for entering new comments on this Quicklink has expired.
This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.