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The data clearly shows that productivity growth is flat or even declining. What is your accounting of why software hasn't offset those numbers?
by cynicalpeace 5mo ago
The data clearly shows that productivity growth is flat or even declining. What is your accounting of why software hasn't offset those numbers?
- simianwords 5mo agoYou don't have a counterfactual to suggest that it would have continued increasing had it not been for technology. Is there _any_ credible economist who suggests that we might have higher productivity without tech?
- cynicalpeace 5mo agoThere is no counterfactual needed. Productivity growth has declined, despite the expectation that software would accelerate productivity. I'm asking you why this didn't happen.
- simianwords 5mo agoThere is a counterfactual needed because it is not clear whether the growth would not have declined even more without Software. Again I'm asking - is there a single credible economist who says that the growth would have been higher without technology?
- cynicalpeace 5mo agoI'm not even proposing that growth would have been higher without "technology". I said information technology has not increased productivity growth compared to the past. This is an observation of fact.
- simianwords 5mo ago> Productivity metrics were better when businesses were run on just pen and paper This is what you said.
- cynicalpeace 5mo agoAgain, that is a simple observation of fact. No counterfactual needed. I said it had confounding factors, and I offered hypotheses I asked you for alternative hypotheses and you've offered none.
- aerhardt 5mo agoOf course a counterfactual is needed, absent clear separation of causes and links to effects, neither of which the productivity metrics on their own establish. This is also widely known and talked about in econ circles in the face of this very data.