China had a longer time that kind of growth through having good governance and effective economic policy.
If a technology such as the seeing rooms that Cummings talked about suddenly allow decision making and governance to improve by a large margin, we might get that kind of economic growth.
The fact that the cost of building subway tunnels increased rather then decreased isn’t because energy prices or resource prices rose but because of a mix of lack of innovation and complex regulation.
China had a longer time that kind of growth through having good governance and effective economic policy.
If a technology such as the seeing rooms that Cummings talked about suddenly allow decision making and governance to improve by a large margin, we might get that kind of economic growth.
The fact that the cost of building subway tunnels increased rather then decreased isn’t because energy prices or resource prices rose but because of a mix of lack of innovation and complex regulation.