Comment by gruez

7 months ago

>but just think about the amount of paperwork you have to go through in order to construct a bridge [...]

Yeah, I do. Guess which industry has seen negative productivity growth in the past 2 decades, even though the broader private sector grew by 50%?

https://www.economist.com/content-assets/images/20250712_WBC...

Could it be fundamentals are different when you're building physical buildings vs software that's eating the private sector? (Among other factors.)