Detailed text transcripts for TV channel - FOXNEWS - 20140623:02:02:00
Under state our progress. because the new machine age is more about knowledge creation than just physical pro dpuks. it's mind not matter, brain not brawn, ideas not things. that creates a problem for standard metrics, because we are getting more and more stuff for free. >> eric joins us now. what do you mean ideas create a problem for standard metrics? >> wikipedia has tremendous value for me and other people. it is available for free that means that it doesn't show up in their gdp statistics which measures value of goods and services bought and soeltd. >> one example you used is the robot ib...
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