Abstract. We live in an age of paradox. Systems using artificial intelligence match or surpass human level performance in more and more domains, leveraging rapid advances in other technologies and driving soaring stock prices. Yet measured productivity growth has fallen in half over the past decade, and real income has stagnated since the late 1990s for a majority of Americans. We describe four potential explanations for this clash of expectations and statistics: false hopes, mismeasurement, redistribution, and implementation lags. While a case can be made for each explanation, we argue that lags are likely to be the biggest reason for paradox. The most impressive capabilities of AI, particularly those based on machine learning, have not yet diffused widely.
Not enough of the trade press understands the Sandbox. The only thing really reliable has been Coinbase and the blockchain. It took the hardware wallet vendors some three years before they got the concept of secure element. intelligent cash card. I think the smart phone vendors have turned us into idiots.
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