>> chatgpt will make this information so much more potent.
> How do you imagine this would work?
Don't overthink it. It's just the nature of the tool. Imagine you're a detective trying to investigate a crime,
- "list the plates of blue hondas in this area at this time, that have a missing rear bumper and a scratched driver side door"
- "send a notifications to all gas stations along this route and notify them of a blue honda"
And, if you're a Goldman Sachs analyst, you can just use natural language to gather information. "i have this scenario, list companies that will benefit" would be an abstract question that you'd ask it. Obivously, the system isn't this good yet but you get the idea. You'd just have to ask more fine grained questions and use some of your domain knowledge to fill the gap until it does become this good.
>> and ultimately generate higher GDP.
> Again, how do you imagine this would work? GDP is a specific economic measure; how would (a better version of) this technology increase GDP?
Google (or chat gpt) would do a better job than me answering this,
"Increases in productivity allow firms to produce greater output for the same level of input, earn higher revenues, and ultimately generate higher Gross Domestic Product."
The reason you want to increase gdp... the following quote was derived from one of Herbert Hoover’s memoirs.
"[Engineering] It is a great profession. There is the satisfaction of watching a figment of the imagination emerge through the aid of science to a plan on paper. Then it moves to realization in stone or metal or energy. Then it brings jobs and homes to men. Then it elevates the standards of living and adds to the comforts of life. That is the engineer’s high privilege."
By increasing GDP, you elevate the standard of living and add to the comfort of life.