Comment on Computers Reduce Efficiency: Case Studies of the Solow Paradox (2023)Comments−sobellian2yAm I nuts, or does the first graph show exactly the opposite of his claim? He says it shows declining productivity, but labor productivity rises. Costs also rise but this is exactly what one should expect from labor-saving devices, no?
Comments
Am I nuts, or does the first graph show exactly the opposite of his claim? He says it shows declining productivity, but labor productivity rises. Costs also rise but this is exactly what one should expect from labor-saving devices, no?