Is the World Getting Better? A brief summary of recent debate
* The linked post is a response by Oliver Wiseman of CapX to Jason Hickel's recent piece in The Guardian, which claimed that Bill Gates' and Steven Pinker's optimistic view of rapid progress on global poverty is misleading. * Hickel's two points are * 1. Draw the poverty line at $7.40/day instead of $1.90/day, and the absolute number of people in poverty hasn't decreased. * And outside of China, even the proportion in poverty has stayed constant. * 2. Much of the "economic growth" involves people converting from a non-money economy to a money economy. * This one sounds right to me. Nobody really "lives on" $1.90/day in a world where they must meet all their needs by spending money. Extreme poverty means that most of their consumption is not measured monetarily--they have access to commons (land/resources) and they do a lot of stuff themselves, and share and barter. {see footnote} * Oliver Wiseman counters: * 1. Going from extremely poor to very poor is still progress. Also, at $7.40 or $10.00, the proportion in poverty has still decreased. The absolute number doesn't matter as much given how much population has increased. * I basically agree with this, but it paints a much more nuanced picture of gradual and perhaps fragile progress. * 2. Measures of quality of life have improved dramatically along with gross world product. (i.e. being a medieval peasant sucked) * This is basically true post-industrial-revolution, as far as I can tell, at least in Europe. The data seems to be mixed on whether most people were better off before the advent of agriculture than they were in 1700. Measures of GDP in places and times without money economies are always questionable, so the comparisons get tricky. * But, it doesn't really address Hinckel's point regarding the current trend. If the people going from extreme poverty in 1970 to moderate poverty in 2015 have also gone from mainly subsistence farming and barter to ma
Okay but the six year trend is not super indicative of the future trend given the way the AI industry has developed in the last couple years. It would be much more useful to have a good measure of the recent trend, and it's clear we don't really have that. The wide uncertainty bounds already should have made it clear how noisy this result was, but people have tended to ignore the range and put a lot of stock in the point estimate. The log linear trend may well be legit (probably is) but the use of just 14 tasks to fit the key portion of the results is absurd.