RE: What will the next recession look like?

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What will the next recession look like?

in singularity •  6 years ago 

dollar-devaluation-1913.png

This seems to me like a slowing down process. Maybe just linear. The most amazing thing that almost every aspect of human development is exponential. (did you read "The Singularity is Near"?)

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I didn't read it but I did watch something about it. Population growth changes the numbers as well. More people in the work force increases GDP but as we've seen in recent years, they might not be earning more.

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I think we are entering an era of total automation. It is likely that GDP will depend more on robots than on humans.