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Rafael Latham-Proença on Muck Rack

Rafael Latham-Proença

As seen in: Coefficient Giving
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Articles

The Staggering Welfare Consequences of Catch-Up Growth After AI

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By Rafael Latham-Proença
| Coefficient Giving
In 1800, Mali’s per capita GDP was roughly 5x smaller than Britain’s. Today it is roughly 25x smaller. The Industrial Revolution accelerated growth in the UK and the benefits of the new tech eventually reached the whole world. But the process has taken so long that, two centuries later, the gap is still 5x larger than it was before the new tech arrived.
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