Technological Innovations and Economic Growth

Technological Innovations and Economic Growth

Assessment

Interactive Video

Business, Computers, Science

10th Grade - University

Hard

Created by

Jackson Turner

FREE Resource

The video discusses the unprecedented simultaneous evolution of five innovation platforms: AI, robotics, energy storage, blockchain, and multiomic sequencing. It highlights the historical context of technological growth, the convergence of these platforms, and the potential for explosive growth opportunities, such as autonomous taxi platforms. The speaker predicts significant economic impacts, including accelerated GDP growth and deflation, driven by increased productivity. The video concludes with a call to embrace disruptive innovation and invest in transformative technologies.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT one of the five innovation platforms mentioned in the introduction?

Robotics

Energy Storage

Television

Blockchain Technology

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What historical period is compared to the current technological evolution?

The 1950s

The early 1900s

The 1800s

The 1970s

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the general belief about growth in the 1980s?

Growth was only possible in the tech sector

Growth was not possible

Growth would quickly return to nominal GDP levels

Growth would accelerate indefinitely

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company is highlighted as an example of sustained growth?

Google

Microsoft

Amazon

Apple

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected revenue opportunity for autonomous taxi platforms in the next 5 to 10 years?

15 to 20 trillion dollars

8 to 10 trillion dollars

3 to 5 trillion dollars

1 to 2 trillion dollars

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted range for global GDP growth due to technological advancements?

10 to 12 percent

1 to 2 percent

3 to 5 percent

6 to 9 percent

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic condition does the speaker believe we are heading into?

Hyperinflation

Inflation

Stagflation

Deflation

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