11 Technology Compounding Over Thousand-Plus Years = Better + Faster + Cheaper → More… Note: Chart expressed in trillions of real GDP as measured by 2011 ‘GK$’ on a logarithmic scale. GK$ (Gross Knowledge Dollars) is an informal term used to estimate the potential business value of a specific insight, idea, or proprietary knowledge. It reflects how much that knowledge could be worth if applied effectively, even if it hasn’t yet generated revenue. Source: Microsoft, ‘Governing AI: A Blueprint for the Future,’ Microsoft Report (5/23); Data via Maddison Project & Our World in Data Technology Compounding = Numbers Behind The Momentum Global GDP – Last 1,000+ Years, per Maddison Project 1100 1000 1300 1200 1400 1500 1600 1700 1800 1900 2000 Printing Press Steam Engines Telegraph Electrification Mass Steel Production Mass Production & Assembly Lines Internal Combustion Engine Flight Synthetic Fertilizer Transistors PCs Internet Smartphones Cloud