An interesting article appeared in December 2017 in MoneyWatch on why the Gross Domestic Product (GDP) fails as a measure of well-being. The article refers to the World Economic Summit where the then Head of the International Monetary Fund, Christine Lagarde, Nobel Prize-winning economist, Joseph Stiglitz, and MIT professor, Erik Brynjolfsson, considered the GDP as a poor way of assessing the health of economies. The problem is compounded by the fact that we now live in a digital age, and the standard GDP statistics overlook many of the technology’s benefits. The article went to identify the well-known shortcomings in the use of the GDP: