Why Technology Makes Us More Productive but Not Richer

Why Technology Makes Us More Productive but Not Richer

Every decade, technology makes us dramatically more productive. Every decade, GDP growth slows. These two facts should not coexist — and understanding why they do reveals the defining economic tension of our era.

Every decade, technology makes us dramatically more productive. Every decade, GDP growth slows. These two facts should not coexist. And understanding why they do reveals the defining economic tensio… [+10526 chars]