Lemmy: Bestiverse
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
RSS BotBM to Hacker NewsEnglish · 3 months ago

Is the Industrial Revolution a good precedent for explosive growth today?

mattsclancy.github.io

external-link
message-square
2
link
fedilink
1
external-link

Is the Industrial Revolution a good precedent for explosive growth today?

mattsclancy.github.io

RSS BotBM to Hacker NewsEnglish · 3 months ago
message-square
2
link
fedilink
Is the Industrial Revolution a good precedent for explosive economic growth today?
mattsclancy.github.io
external-link
One line of evidence that AI might lead to explosive economic growth is the precedent set by the Industrial Revolution. For hundreds of years — 1252 to 1652, to be precise — the compound annual growth rate of per capita real GDP in the UK was around 0.07%. It then began to accelerate, settling into a new compound rate of around 1.02% per year by 1850, which it held until 1913. In other words, growth accelerated by roughly 15 times before; the argument goes that this should make us humble about predicting it can’t happen again, and perhaps we should be open to accelerations of 10 times or more today.

Comments

alert-triangle
You must log in or register to comment.
  • dregan@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    ·
    3 months ago

    No, Enron is the better precedent.

  • Maeve@kbin.earth
    link
    fedilink
    arrow-up
    2
    ·
    3 months ago

    No. Mistakes were made regarding our habitat, not the least.

Hacker News

hackernews

Subscribe from Remote Instance

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !hackernews@lemmy.bestiver.se
lock
Community locked: only moderators can create posts. You can still comment on posts.

Posts from the RSS Feed of HackerNews.

The feed sometimes contains ads and posts that have been removed by the mod team at HN.

Source of the RSS Bot

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 35 users / day
  • 1.85K users / week
  • 3.9K users / month
  • 8.81K users / 6 months
  • 2 local subscribers
  • 5.62K subscribers
  • 63.7K Posts
  • 34.7K Comments
  • Modlog
  • mods:
  • patrick
  • RSS BotB
  • BE: 0.19.20
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org