Most GDP growth is just a change in price level - even inflation-adjusted GDP, s... | Hacker News

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		immibis 5 months ago \| parent \| context \| favorite \| on: What if AI made the world’s economic growth explod... Most GDP growth is just a change in price level - even inflation-adjusted GDP, since prices consistently rise faster than inflation. How does this help anyone?

mritterhoff 5 months ago [–]

Higher GDP means, on average, better living conditions for the people that live in that country. This is a good thing.

https://ourworldindata.org/grapher/human-development-index-v...

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