Saturday, March 2, 2013

Krugman the semi-optimist

Paul Krugman thinks that we will soon see technology contribute a lot more to the economy. He points out that in reality so far it hasn't contributed nearly as much to economic growth as the previous major technological revolutions have but it's almost there. He also points out towards the end of the interview one big caveat, though. There's nothing saying that everyone will benefit. If things continue as they have it's quite possible that only the wealthy will benefit from that economic growth.