Dwarkesh Patel

They could like make inventions, you know, or like just increase productivity in the world.

And we have examples even in the current regime of places that have had 10, 20% economic growth.

You know, if you just have a lot of people and less capital in comparison to the people, you know,

You can have Hong Kong or Shenzhen or whatever just had decades of 10% plus growth.

And I think there's a lot of really smart people who are ready to make use of the resources and do this period of catch up because we've had this discontinuity.

And I think, yeah, it might be similar.

I mean, the Industrial Revolution is such a jump, right?

You went from 0.2% growth to 2% growth.

I'm just saying you'll see another jump like that.

I actually don't think... I mean, the crucial thing about the industrial revolution was that it was not magical, right?

Like, if you just zoomed in, what you would see in 1770 or 1870...

is not that there was some key invention.

Yeah, exactly.

But at the same time, you did move the economy to a regime where the progress was much faster and the exponential 10x'd.

And I expect a similar thing from AI, where it's not like there's going to be a single moment where...

We made the crucial invention.

Yeah.

And I mean, maybe one way to think about it is through history, a lot of growth, I mean, growth comes because people come up with ideas and then people are like out there doing stuff to execute those ideas and make valuable output.

And through most of this time, population isn't exploding.

That has been driving growth.