Thanks but doesn’t pace of adoption break the analogy? Seems safe to say that those technologies caused growth, and so will AI. But AI has been rolled out fast enough that you might have seen near-term changes in the aggregate statistics, in contrast to physical or legal infrastructure. We do have careful evidence on railroads and the printing press though—is it wild to think that an information technology spreading some large multiple faster than the printing press would have impacts in the following year? Or is it that it’s not such a technology shock at all? (Also, where do you think the education went?)
Thanks but doesn’t pace of adoption break the analogy? Seems safe to say that those technologies caused growth, and so will AI. But AI has been rolled out fast enough that you might have seen near-term changes in the aggregate statistics, in contrast to physical or legal infrastructure. We do have careful evidence on railroads and the printing press though—is it wild to think that an information technology spreading some large multiple faster than the printing press would have impacts in the following year? Or is it that it’s not such a technology shock at all? (Also, where do you think the education went?)