I've seen some indication that this is a measurement problem. Tech enables computers to do things that would be originally expensive for humans to do. Translat

I've seen some indication that this is a measurement problem. Tech enables computers to do things that would be originally expensive for humans to do. Translation is an interesting example: some labor has been displaced, but not nearly all because there's still value in having human eyes carefully checking the translation of high value documents. But free translation let's regular people translate things freely - a new capability which displaced no one. However, productivity measures human productivity and human labor. The very cheap new translation modality is therefore completely missed by productivity measurements. Meanwhile, there's /more/ jobs available right now, despite all of this. The US has hit a historic low in unemployment and wages are going up, leading to a decline in measured productivity. Productivity is output per dollar of wages, which means we twist our hands in anxiety when workers start doing better...