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At a 2% annual GDP growth, a $100 trillion economy grows to about $202 trillion over 72 years. At 4%, it reaches approximately $1,600 trillion—nearly eight times larger. Sacks might have presented the math more clearly to make the contrast more compelling.

Anyhoooo the point is Tech is all... not just current GDP Growth but also Future Growth. Sustaining higher growth through innovation is the surest path to collective wealth and enduring prosperity.

Shout out to our very own Kal for this below and Sanjay for the heads up on GDP.

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MGM

"At a 2% annual GDP growth, a $100 trillion economy grows to about $202 trillion over 72 years". Who wrote this post? Such basic mistakes cannot be excused.

Nik

How many times has the doubled since the 1950s and what has the average American gained in from that? Work hours, stress levels, family time and quality of life? So... if we manage to grow the economy 2 x again, what does the average person really stand to gain from that? Growth is great, but my point is... I don't see the full fruits of this equaling quality of life for the average person.

Perrin8039

Can't afford a house or a family but you can zone out out watching people fuck on on your little black rectangle.