Claiming modern day students face an unprecedentedly tumultuous technological environment only shows a bad grasp of history. LLMs are cool and all, but just think about the postwar period where you got the first semiconductor devices, jet travel, mass use of antibiotics, container shipping, etc etc all within a few years. Economists have argued that the pace of technological progress, if anything, has slowed over time.
I don’t think that latter statement is right,and if you’ve got some papers I’d love to read them. I’ve never heard an economist argue that. I have heard them argue that productivity improvement is declining despite technological growth though, more that it’s decoupling from underlying technology.
Robert Gordon and Tyler Cowen are two economists who have written about the topic. Gordon’s writings have been based on a very long and careful analysis, and has influenced and been cited by people like Paul Krugman. Cowen’s stuff is aimed at a more non-academic audience. You should be able to use that as a starting point for your search.
Claiming modern day students face an unprecedentedly tumultuous technological environment only shows a bad grasp of history. LLMs are cool and all, but just think about the postwar period where you got the first semiconductor devices, jet travel, mass use of antibiotics, container shipping, etc etc all within a few years. Economists have argued that the pace of technological progress, if anything, has slowed over time.
I don’t think that latter statement is right,and if you’ve got some papers I’d love to read them. I’ve never heard an economist argue that. I have heard them argue that productivity improvement is declining despite technological growth though, more that it’s decoupling from underlying technology.
Robert Gordon and Tyler Cowen are two economists who have written about the topic. Gordon’s writings have been based on a very long and careful analysis, and has influenced and been cited by people like Paul Krugman. Cowen’s stuff is aimed at a more non-academic audience. You should be able to use that as a starting point for your search.