How many times have I heard versions of that claim? Erik Brynjolfsson picks up the telephone in the FT: While initial reports suggested a year of steady labour expansion in the US, the new figures reveal that total payroll growth was revised downward by approximately 403,000 jobs. Crucially, this downward revision occurred while real GDP…
“You see tech and AI everywhere but in the productivity statistics”
“You see tech and AI everywhere but in the productivity statistics”
17 Feb 2026 Leave a comment
in applied price theory, econometerics, history of economic thought, industrial organisation, labour economics, labour supply Tags: creative destruction
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