Real global gross domestic product (GDP) growth has been ~3% for 125 years. Almost nobody alive has experienced anything else, so the consensus treats it as a law of nature. @CathieDWood says it is not a law but an artifact of how many technology platforms are compounding at once. The Industrial Revolution ran on three and took growth up fivefold, from 0.6% to 3%. We have five today, and artificial intelligence (AI) is the biggest catalyst of all of them. The International Monetary Fund (IMF) still projects 3.1%.