Re:Most AI value will come from broad automation, not from R&D
by dragontamer on Tuesday March 25, 2025 @04:22PM
(#43475502)
1980 was during the stagflation era and a major Middle East crisis with nearly 20% interest rates.
That's due to the post-war boom. The book Capital in the 21st Century goes over this, that the period between 1950 - 2000 was an anomaly for the US that cannot be replicated, yet people bring up this stat as if it were normal.