Timothy Lee: AI Could Push Per Capita Growth to 3% in the 2030s

binarybits · x · 2026-09-21

Timothy Lee (binarybits) argues that computers and the internet pushed growth back toward the 1-2% historical average over the past 30 years, and expects AI to do the same — and likely more. In his view, 3% real per capita growth over the 2030s would be "astounding". He also suggests that without the transistor and a few other inventions, growth would have steadily declined over the last 50 years as early 20th-century innovation gains ran out.

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