Productivity growth. If you take rolling averages from this chart, it clearly demonstrate higher productivity growth before the adoption of software. This is a well established fact in econ circles.

https://fred.stlouisfed.org/graph/?g=1V79f

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simianwords 7 hours ago | parent [-]

I think this is a classic case of reading into specific arguments too deeply without understanding what they really mean in the grand picture. Few points to easily disprove this argument

- if it were true that software paradoxically reduces productivity, you can just start a competing company that doesn't use software. Obviously this is ridiculous - top 20 companies by market cap are mostly Software based. Every other non IT company is heavily invested in software

- if you might say the problem is it at the country level, it is obvious that every country that has digitised has had higher productivity and GDP growth. Take Italy vs USA for instance.

- if you are saying that the problem is even more global, take the whole world - the GDP per is still pretty high since the IT revolution (and so have other metrics)

If you still think there's something more to it, you are probably deep in some conspiracy rabbit hole

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cynicalpeace 6 hours ago | parent | next [-]

The data clearly shows that productivity growth is flat or even declining. What is your accounting of why software hasn't offset those numbers?

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simianwords 6 hours ago | parent [-]

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?

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cynicalpeace 5 hours ago | parent [-]

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.

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simianwords 5 hours ago | parent [-]

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?

	▲	cynicalpeace 2 hours ago \| parent [-]
		I'm not even proposing that growth would have been higher without "technology". I said information technology has not increased productivity growth compared to the past. This is an observation of fact.

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eiksjs 7 hours ago | parent | prev [-]

Is there a way to mute people who are clearly AI boosters? ^

	▲	simianwords 7 hours ago \| parent [-]
		? you are literally commenting on the release of a new model from OpenAI in a tech focused community. Have you considered what should be normal here?