(10 am. – promoted by ek hornbeck)
Did someone leave the barn door open on the Chinese room experiment? One of the Keynesian mavericks has escaped:
It’s good to have someone questioning the tech euphoria, but I’ve been looking into technology issues a lot lately, and I’m pretty sure he’s wrong: the information technology revolution has only begun to have its impact. Consider for a moment a sort of fantasy technology scenario in which we can produce intelligent robots able to do everything a person can do. Clearly, such a technology would remove all limits on per-capita gross domestic product, as long as you don’t count robots among the capitas. All you need to do is keep raising the ratio of robots to humans, and you get whatever G.D.P. you want.
Sure, I’ll see your bet and raise you one thousand! robots: let’s make all those robots perpetual motion machines, while we’re at it.