These effects go far beyond areas that are obviously “technology.” Technological change has enabled countless other benefits that don’t show up in GDP—from less pollution and safer living conditions to expanded opportunities for learning and entertainment. That said, these changes haven’t affected all areas of the economy evenly. For example, despite dramatic deflation in computing prices, health care has been getting more expensive faster than overall inflation—so someone who needs a lot of medical treatments may not be comforted much by how much cheaper GPU cycles are getting.[104] The good
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