Innovation Matters is a podcast by the United Nations Economic Cooperation and Integration Group that discusses issues related to innovation.
If productivity growth had continued on the track of WWII-1973 we would be living today in the world of 2097 rather than the world of 2024.
The education sector in the United States is undergoing changes. Since the pandemic we have had millions of children start schooling at home, private education through vouchers and charters is exploding. I hope with AI we can give every student his teacher, who will not get tired, who will not get bored.
In my opinion we should be funding degrees with the best external qualifications and yet we are funding degrees with very low salaries and very little externalities and expect to be established in that…no way, it will not happen.
The US is a socialist country. We spend less on innovation.
There may be multiple fits. If you focus on redistribution you will get low growth then it makes sense to focus on redistribution because it is the only way to get more. But if you focus on innovation you can get high growth and people don’t care much about redistribution. Both equilibria may be stable. Where are we looking for?
Source link