Can AI supercharge global economic growth?
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In 1700, it would have seemed natural that economies only ever stood still. In the common era up to that point, output had expanded by just 0.1% per year on average. Then, steam engines began to puff. Global growth quintupled to 0.5% per year between 1700 and 1820. By the end of that century, it had reached 1.9%. And in the 20th century, output grew by 2.8% on average. The long history of the world economy is one of expansion at an