on #backtothefutureday a quote from David Autor

‘I was at a conference and an executive from McKinsey got up and said, “Your washing machine today has more processing power than the entire Apollo moon project.” He meant this to demonstrate the great rate of change and the fantastic progress, and to me that just said, “Diminishing marginal returns.” My washing machine is not going to the moon’

David Autor, MIT (from here)