2 ms·
Very well said, and the last sentence is key for the future of society in my opinion. Given your statement regarding wages and productivity - typically the two
by sailfast 12y ago
Very well said, and the last sentence is key for the future of society in my opinion.
Given your statement regarding wages and productivity - typically the two are used interchangeably in economic conversations / calculations. I wonder if we will start to see those split more to account for the contributions of technology / capital to "productivity". Direct wages would be divided by a combination of societal value + economic value to calculate actual productivity. Perhaps somebody should create the indicator and take home a Nobel or something hehe.