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Re:Most AI value will come from broad automation, not from R&D by satvikpendem on Sunday March 23, 2025 @07:42PM (#43456755)
> Both of those were easily afforded in the 80s.

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.

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.