Erik Brynjolfsson
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American productivity growth has been strong over the past year (red and yellow dots in the chart) because more Americans are working.

More of this, please!

HT: @IrvingSwisher
More good news today:
The inflation rate fell to 2.1% last month.

Combined with a strong 2.8% GDP growth and just 4.1% unemployment, that's a remarkable success by American policymakers.

Kudos!
The American Economy has become the envy of the world

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The Prime-age Labor Force Participation Rate is now the highest it's been in over 20 years.

The US economy is performing historically well.

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🧐
"Gift for Next President:
Sturdy Economy"

- @greg_ip, Wall Street Journal
The Bay Area is unique in the world when it comes to tech and AI.

I've had similar experiences in Palo Alto.
The past few years have been unusual in that low-wage workers, like those in leisure and hospitality, have gained more than high-wage workers.
This is amazing and would have been unthinkable a few years ago.

What a turnaround for American manufacturing.

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Just insane that America had the best productivity growth of comparable major nations in the years pre-COVID, then went "hold my beer" post-COVID and had ~double the productivity growth of the next-closest country
US government spending as a share of the economy is slightly lower today than in 1982.
What are the best explanations for US government employment falling so much as a share of the total over the past few decades?
This is amazing and would have been unthinkable a few years ago.

What a turnaround for American manufacturing.

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β€œWe are kind of making a bet on a different vision, one that AI can be used to strengthen and extend and enhance democracy and decentralization.”

Faculty lead for The Digitalist Papers @erikbryn shares a vision of AI that empowers and expands democracy and decentralization.