if productivity keeps going up so much, we do we still need to keep growing the population?

Question

if productivity keeps going up so much, we do we still need to keep growing the population?

In: Economics

Answer 1

Productivity really ISN’T going up very quickly. It’s actually increasing much slower than during a lot of the industrial revolution and especially during the electrification of the world. The notion that technology is advancing at am accelerating rate is just factually untrue. Indeed it’s the slowdown in productivity growth (along with population growth) that is causing much of our current generations feelings that things aren’t as good as they used to be.