Yeah! GDP is possibly almost pathologically conservative.
Some relevant pieces for sheer transformation might be:
raw material extraction
energy capture and consumption
Importantly, there’s a crux here I think whether any autonomous self-replicating sub-economies go boom or whether demand remains (Baumol-style) determined by human consumption.
On the more ‘impact on life’ side, we could also ask about:
cost of living (nice one Jon)
(other things like cost of raising a child, cost of travel, …)
(perhaps relativised to median income or something)
Yeah! GDP is possibly almost pathologically conservative.
Some relevant pieces for sheer transformation might be:
raw material extraction
energy capture and consumption
Importantly, there’s a crux here I think whether any autonomous self-replicating sub-economies go boom or whether demand remains (Baumol-style) determined by human consumption.
On the more ‘impact on life’ side, we could also ask about:
cost of living (nice one Jon)
(other things like cost of raising a child, cost of travel, …)
(perhaps relativised to median income or something)