4 ms·
Today we are asking: Why the productivity growth from the internet was so low? As Robert Solow said “you can see the computer age everywhere but in the produc
by nabla9 2y ago
Today we are asking:
Why the productivity growth from the internet was so low?
As Robert Solow said “you can see the computer age everywhere but in the productivity statistics.”
The productivity gains from the internet have been surprisingly small or negligible so far. There was initial surge in productivity growth from 1996-2000, then productivity growth fell back to pre-internet levels.
- pavlov 2y agoIMO, as long as increasing headcount is a primary measure of managerial success and status, there won’t be meaningful productivity gains because managers spend profits on hiring people who are not necessary but make their fiefdoms look more important.
- Jensson 2y agoManagers hires managers so they don't have to work. Then those managers hires managers so they don't have to work. There is no end to how many managers you can have.