A short history of tractors in English
Today many people expect another revolution, linked to developments in generative artificial intelligence (AI). Like then, the general public today view the technology with a mixture of awe and fear. Goldman Sachs, a bank, reckons generative AI could raise annual global GDP by 7% over ten years. Some economists now talk about “explosive growth". Others say that before long, jobs will be eliminated in their millions. Yet the economic history of the tractor casts doubt over these predictions. Over…