WHY TRANSFORMATIVE AI IS REALLY, REALLY HARD TO ACHIEVE

Summary from the TLDR newsletter

While humans have a good track record of innovation, the trend growth rate of GDP per capita has never exceeded three percent per year. There has yet to be a technology that breaks the three percent threshold. Only strong evidence should cause us to expect anything different. AI is likely transformative in the same way that the internet was, but it has many hurdles in the way to the accelerating growth rates predicted by some.