Post by arfanho7 on Feb 27, 2024 7:14:09 GMT
Some questioned the data. Others counseled patience. David Caulfield sees productivity improvement but not necessarily among workers. In questioning the way we measure productivity he commented that “Much of the productivity increases I see in the field of analytics are focused on improved utilization of productive equipment and materials.
It is hard to get much GDP growth or wage growth this way but corporate profits are certainly going up. Perhaps that is a better way to see the impact. Another measure that should be useful is ” Dan Wallace asked whether or not we have “the wrong expectations.” As an example he cited the sharing economy where we achieve “better asset utilization Hungary Phone Number and customer experience but not necessarily increased ‘productivity.’” Dave C. suggested that too much technology is being diverted to the creation of more variations on basic ideas faster instead of “an economy based on new products platforms ideas.” Donald Shaw cited “problems in finding qualified people to hire.” He also said that “It appears to me that our systems of education and government cannot change fast enough for the U.S. to have the workers it needs in any near term way.”
Tema Frank went even further commenting that “… we are still reliant on the human factor… so a lot of potential productivity is wasted through bad management of human resources.” And Murray Kenney laid the blame on the low productivity increases associated with certain industries like hospitality retail and increasingly education and health care. AIM questioned whether productivity increases are even the appropriate goal commenting that “productivity increases will always come at an expense of a human being.” Others challenged data documenting productivity trends.
It is hard to get much GDP growth or wage growth this way but corporate profits are certainly going up. Perhaps that is a better way to see the impact. Another measure that should be useful is ” Dan Wallace asked whether or not we have “the wrong expectations.” As an example he cited the sharing economy where we achieve “better asset utilization Hungary Phone Number and customer experience but not necessarily increased ‘productivity.’” Dave C. suggested that too much technology is being diverted to the creation of more variations on basic ideas faster instead of “an economy based on new products platforms ideas.” Donald Shaw cited “problems in finding qualified people to hire.” He also said that “It appears to me that our systems of education and government cannot change fast enough for the U.S. to have the workers it needs in any near term way.”
Tema Frank went even further commenting that “… we are still reliant on the human factor… so a lot of potential productivity is wasted through bad management of human resources.” And Murray Kenney laid the blame on the low productivity increases associated with certain industries like hospitality retail and increasingly education and health care. AIM questioned whether productivity increases are even the appropriate goal commenting that “productivity increases will always come at an expense of a human being.” Others challenged data documenting productivity trends.