Only The White Heat Of Technology Can Revive Growth

  • US growth his hitting constraints from labor productivity and labor force growth.
  • Big tax cuts will do little to solve these constraints.
  • The US could do much better by embracing the artificial intelligence revolution, and it is already well placed to benefit from this.
  • But the dislocation of labor AI will produce could very well require a stronger, not a weaker safety net.

Only The White Heat Of Technology Can Revive Growth | Seeking Alpha