Comment by onion2k
7 days ago
A 10% uplift in productivity for the cost of probably 0.001% of the salary budget is an incredible success.
7 days ago
A 10% uplift in productivity for the cost of probably 0.001% of the salary budget is an incredible success.
This is exactly right. And assuming organizations use the gains to cut headcount rather than boost total productivity, a 10% reduction in white collar employment would still be an era-defining systemic shock to the economy.
Productivity improvements from automation actually result in an increase in jobs, not fewer jobs. Basic economics.