You just don't understand the fourth industrial revolution
@gabriel 300 billion has been created in GDP in this image

@kennergf @gabriel not to be a party pooper, but looking at https://en.m.wikipedia.org/wiki/Gross_domestic_product isn't that compensated for?

When using the 'production approach' it'd fall under 'intermediate consumption', for the 'income' approach the income would be balanced by the expense. I don't quite understand the 'expenditure' approach, is that the one you're referring to? Seems surprising if that would be so fundamentally different.

Not saying GDP is a particularly strong measurement of anything, though, to be clear.

Gross domestic product - Wikipedia

@raboof @gabriel yes, I refer to the expenditure approach, that is the sum of all products and services produced in a country.

@kennergf doesn't that one also only count "final uses" and not "intermediate consumption"? I'd say the above would be "intermediate consumption"?

(again, not saying GDP is good, but it's not *that* comically bad AFAICT)