Alex Krüger|2月 07, 2026 22:51
On this recent interview Warsh argues we are entering the most significant productivity boom of our lifetimes.
The key takeaway: Anecdotes are currently outstripping data. While government statistics (BLS, Commerce) are stuck in the 1970s, real-world implementation is moving at breakneck speed.
➢ The zero cost of curiosity: AI has reduced the friction of knowledge acquisition to zero, fundamentally shifting the economy's micro-foundations.
➢ Faster than previous revolutions: Unlike the internet or mobile waves, CEOs are seeing game changing gains in months, not years.
➢ The Greenspan Parallel: In 1994, Greenspan ignored overheating data and pressure from FOMC peers and other economists to bet on a tech driven productivity boom; Warsh argues today's Fed must similarly trust AI anecdotes over lagging stats to enable non-inflationary growth.
https://www.youtube.com/watch?v=6LtRcC-JgBI(Alex Krüger)
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