Sublime

Leading the way in adopting the powerful new machines was, once again, the Census Bureau.

Cowen, Phelps, and other “stagnationists” hold that only higher rates of innovation and technical progress will lift the economy out of its current doldrums.

In the coming decades, we will experience two major economic transitions – automation (including artificial intelligence) and the green-energy transition – which are unfolding in parallel.

These are all highly contestable statements.

The flip side is that the value of exploitation can only go up over time.

The median worker is losing the race against the machine.

Shutting out potentially useful input from unlikely-seeming sources is a shame, because very often it’s knowledge and expertise from an apparently faraway discipline that’s needed.