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Yes, but my point is that Labor Productivity measures two things: A) how efficient individual people are at doing their jobs, and B) how much progress we have
by rahimnathwani 4y ago
Yes, but my point is that Labor Productivity measures two things:
A) how efficient individual people are at doing their jobs, and
B) how much progress we have made replacing people with software and machines.
(A) aligns with people's everyday understanding of the word 'productivity', but (B) has a larger influence on changes in the measure.