Probably the gains went to the owners, i. e. shareholders. Or, perhaps, David Graeber wrote in his book «Bullshit Jobs» that at least a part of the gains infla

Probably the gains went to the owners, i. e. shareholders. Or, perhaps, David Graeber wrote in his book «Bullshit Jobs» that at least a part of the gains inflates the bullshit part of businesses, i. e. more bullshit managers are employed. Of course this means that the hourly pay would rise. I don't know.