5 ms·
Per the article, productivity has been growing at 1% a year for the past decade, compared to 3% in the decades prior. So the headline is misleading, technology
by mypastself 4y ago
Per the article, productivity has been growing at 1% a year for the past decade, compared to 3% in the decades prior. So the headline is misleading, technology is making us more productive, just not at the same rate as in the years before.
The author claims this is worrisome, but his reasoning seems flawed to me:
> a less productive economy is a smaller one with fewer resources to deal with social challenges like inequality
But again, we are not getting “less productive”, it’s the increase in productivity that’s getting slower.
The author then presumably wants to make us as productive as possible as soon as possible to solve this particular issue. His preferred candidate for this seems to be AI. The remainder of the article essentially an ad for advances in that specific technology.