Part 4/13:
The crux of the discussion is an invisible yet powerful force: Artificial General Intelligence. Since 2025, the advent of AGI—machines capable of performing any intellectual task a human can—has begun a technological singularity, unleashing productivity growth at an unprecedented scale.
Unlike past technological innovations, AGI’s impact on productivity is not incremental. It promises massive, potentially exponential improvements in how efficiently we produce goods, provide services, and create new industries. In essence, AGI could multiply productivity by 10, 20, or even 100 times in some sectors.