I interpreted it to be ’clearly electric is the mechanism by which GDP went up. It didn’t alter the trend but still seems like an important part of how the trend transpired. Probably the same with AI relationships
No, that’s not what I meant. I meant that electricity allowed the GDP per capita trend to continue at roughly the same rate, rather than changing the trend. Without electricity we would probably have had significantly slower economic growth over the last 150 years.
Is your contention that without electricity US GDP/capita would be say within 70% of what it is now?
(Roll to doubt)
I interpreted it to be ’clearly electric is the mechanism by which GDP went up. It didn’t alter the trend but still seems like an important part of how the trend transpired. Probably the same with AI relationships
No, that’s not what I meant. I meant that electricity allowed the GDP per capita trend to continue at roughly the same rate, rather than changing the trend. Without electricity we would probably have had significantly slower economic growth over the last 150 years.