productivity & technology - bridging the productivity gap
TRANSCRIPT
![Page 1: Productivity & Technology - Bridging the Productivity Gap](https://reader036.vdocuments.site/reader036/viewer/2022092617/58ed9b3c1a28ab282e8b4735/html5/thumbnails/1.jpg)
Productivity +
Technology
![Page 2: Productivity & Technology - Bridging the Productivity Gap](https://reader036.vdocuments.site/reader036/viewer/2022092617/58ed9b3c1a28ab282e8b4735/html5/thumbnails/2.jpg)
Ratio of the output of goods and services to the labor hours devoted to the production of that output
Output/Input = P
![Page 3: Productivity & Technology - Bridging the Productivity Gap](https://reader036.vdocuments.site/reader036/viewer/2022092617/58ed9b3c1a28ab282e8b4735/html5/thumbnails/3.jpg)
Credit: edisonmuckers.org
![Page 4: Productivity & Technology - Bridging the Productivity Gap](https://reader036.vdocuments.site/reader036/viewer/2022092617/58ed9b3c1a28ab282e8b4735/html5/thumbnails/4.jpg)
Avg. Productivity
1995-2010
Avg. Productivity
2011-2015
Credit: Alan S. Blinder, The Mystery of Declining Productivity Growth, Wall Street Journal (May 14, 2015)
2.6% a year
0.4% a year
![Page 5: Productivity & Technology - Bridging the Productivity Gap](https://reader036.vdocuments.site/reader036/viewer/2022092617/58ed9b3c1a28ab282e8b4735/html5/thumbnails/5.jpg)
Work Technology
Productivity Gap
![Page 6: Productivity & Technology - Bridging the Productivity Gap](https://reader036.vdocuments.site/reader036/viewer/2022092617/58ed9b3c1a28ab282e8b4735/html5/thumbnails/6.jpg)
“Why does your desk have wheels?”
![Page 7: Productivity & Technology - Bridging the Productivity Gap](https://reader036.vdocuments.site/reader036/viewer/2022092617/58ed9b3c1a28ab282e8b4735/html5/thumbnails/7.jpg)
Credit: Valve Employee Handbook
![Page 8: Productivity & Technology - Bridging the Productivity Gap](https://reader036.vdocuments.site/reader036/viewer/2022092617/58ed9b3c1a28ab282e8b4735/html5/thumbnails/8.jpg)
- Technology ≠ Productivity - Venn Diagram - Virtual wheeled-desk
Takeaways