Comment by cynicalpeace
1 day 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?
1 day 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?
You 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?
There 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.
Of 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.
There 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?
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