Rise of the Robots: Tech's Deflationary Impact

The video discusses the impact of digitalization and the sharing economy on capital efficiency, highlighting examples like Airbnb. It explores the challenges in measuring productivity improvements due to technological advancements and deflation. The discussion extends to economic shifts driven by the gig economy and driverless cars, drawing parallels with the Industrial Revolution. It addresses employment challenges due to automation and the emergence of new job roles. Finally, it considers investment strategies in the context of these economic and technological changes.

In what ways does improved product quality affect perceived productivity?

What historical parallels can be drawn between the current economic changes and the Industrial Revolution?