3 ms·
It’s not that productivity has stagnated. It is that much of our produce is now intangible. But we do put out terabytes of memes and Instagram pics and TikTok’s
by rsrsrs86 3y ago
It’s not that productivity has stagnated. It is that much of our produce is now intangible. But we do put out terabytes of memes and Instagram pics and TikTok’s everyday. For good or bad that’s what people like nowadays, and that is where money goes to. If we count entertainment and bingeing as legitimate economic utilities, we are in the midst of the craziest economic boom ever.
- tech_ken 3y agoI like this point, the inflection point in the graph at the top of the post seems too strong to be "real" IMPO, seems more like an accounting problem as you say. Did a little digging and it does seem like this is a pretty legitimate criticism: https://en.wikipedia.org/wiki/Productivity_paradox#2000_to_2020s_productivity_paradox https://en.wikipedia.org/wiki/Productivity_paradox#2000_to_2...