The contrast between Netscape and ChatGPT contributions to global market growth

Netscape was a company that revolutionized internet and sent productivity growth higher. GPT is not like that.

📌By popularizing and reinventing web browsing, Netscape helped to connect the world and as a side effect, markets became more global, more free, and this resulted in productivity growth.

Internet in essence became a helper for capitalism, a system that has proven to be the most efficient in lifting the life quality of a society.

Meanwhile ChatGPT revolutionized AI and how we interact with it.

But AI does not target capitalism nor markets. Instead, it targets the productivity of a single individual.

📌It levels the field in knowledge assymetry and helps the individual to make a better choice. Before, making a solid choice was a matter of mastery - hundreds of hours of study and passion which led to a well though answer.

Now, it's a matter of a prompt. You can master one thing, let's say finance, yet make informed decisions in other fields too, saving hundreds of hours of study.

So the resulting productivity growth of the entire population should actually be higher than what the internet brought because AI is not a productivity side-effect. AI is the exact steroid for it.