Productivity - Revision history

Tom: /* References */

2025-05-04T23:53:31Z

‎References

Tom: /* Macro Economics */

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‎Macro Economics

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‎Macro Economics

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‎Personal

Tom: /* Macro Economics */

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‎Macro Economics

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‎Macro Economics

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‎Personal

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‎Context

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‎Personal

Tom at 17:58, 2 May 2025

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 Pulling together these threads, it seems that our problem in this moment of overload is not our general interest in productivity but instead the specific targets to which we apply this objective. I’m still happy to use “productivity” when talking about a sector, or a company, or a system, but I’m increasingly empathetic to the resistance among my readers, and among critics such as Celeste Headlee, to applying this term to people. We should strive to be good at our jobs—to work deeply, to be reliable, to lead with vision. But, if our employers need more output for each unit of input they employ, we should be more comfortable in replying that, although we understand their predicament, solving it is not really our problem.
 ==References==
 [[Category: Article]]

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 Rapidly rising productivity is a double-edged sword in macroeconomics. On the positive side, it drives economic growth, increases global competitiveness, and improves living standards. Conversely, it presents challenges such as potential job displacement, wage stagnation, and income inequality if the gains are not widely distributed. During the industrial revolution technology change resulted in new types of labor to run the machines that put existing cottage-industry laborers out of work. The need for industrial workers grew as the population grew. Labor hours were restricted to 40 in a normal work week and after a little labor strife, and several major wars, society adapted and widespread well-being was evident, at least in the industrialized parts of the world.
-Up till the present, the need for information workers grew as the population grew. The expectation in 2020 is that the increase in productivity might greatly exceed the rate at which new jobs grow.<ref>Wm. H. Davidow and Michael S. Malone, ''The Autonomous Revolution'' 2020 ISBN 9781523087617</ref> One key metric is the enterprise income per employee. During the industrial age this grew to $100,000 per year. The question is whether society can adapt. For companies in retail (Walmart, Amazon) it is $300,000. For successful technology companies it can be $3 million (Apple, Alphabet, Exxon Mobile, Netflix).d
+Up till the present, the need for information workers grew as the population grew. The expectation in 2020 is that the increase in productivity might greatly exceed the rate at which new jobs grow.<ref>Wm. H. Davidow and Michael S. Malone, ''The Autonomous Revolution'' 2020 ISBN 9781523087617</ref> One key metric is the enterprise income per employee. During the industrial age this grew to $100,000 per year. The question is whether society can adapt. For companies in retail (Walmart, Amazon) it is $300,000. For successful technology companies it can be $3 million (Apple, Alphabet, Exxon Mobile, Netflix). Note that highly integrated companies might show lower ratios because they do more of the work in-house.
-Predictions for the future vary widely. The resilience of various economies to [[Artificial Intelligence]] impact on productivity will likely determine the well-being of the entire planet, human and others.
+Predictions for the future vary widely. The [[Resilience]] of various economies to [[Artificial Intelligence]] impact on productivity will likely determine the well-being of the entire planet, human and others.
 ==Micro Economics==

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 Rapidly rising productivity is a double-edged sword in macroeconomics. On the positive side, it drives economic growth, increases global competitiveness, and improves living standards. Conversely, it presents challenges such as potential job displacement, wage stagnation, and income inequality if the gains are not widely distributed. During the industrial revolution technology change resulted in new types of labor to run the machines that put existing cottage-industry laborers out of work. The need for industrial workers grew as the population grew. Labor hours were restricted to 40 in a normal work week and after a little labor strife, and several major wars, society adapted and widespread well-being was evident, at least in the industrialized parts of the world.
-Up till the present, the need for information workers grew as the population grew. The expectation in 2022 is that the increase in productivity might greatly exceed the rate at which new jobs grow.<ref>Wm. H. Davidow and Michael S. Malone, ''The Autonomous Revolution'' 2020 ISBN 9781523087617</ref>
+Up till the present, the need for information workers grew as the population grew. The expectation in 2020 is that the increase in productivity might greatly exceed the rate at which new jobs grow.<ref>Wm. H. Davidow and Michael S. Malone, ''The Autonomous Revolution'' 2020 ISBN 9781523087617</ref> One key metric is the enterprise income per employee. During the industrial age this grew to $100,000 per year. The question is whether society can adapt. For companies in retail (Walmart, Amazon) it is $300,000. For successful technology companies it can be $3 million (Apple, Alphabet, Exxon Mobile, Netflix).d
 ==Micro Economics==

← Older revision		Revision as of 17:45, 3 May 2025
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	Up till the present, the need for information workers grew as the population grew. The expectation in 2022 is that the increase in productivity might greatly exceed the rate at which new jobs grow.<ref>Wm. H. Davidow and Michael S. Malone, ''The Autonomous Revolution'' 2020 ISBN 9781523087617</ref>		Up till the present, the need for information workers grew as the population grew. The expectation in 2022 is that the increase in productivity might greatly exceed the rate at which new jobs grow.<ref>Wm. H. Davidow and Michael S. Malone, ''The Autonomous Revolution'' 2020 ISBN 9781523087617</ref>
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		+	==Micro Economics==
		+	Companies, like Kodak, Polaroid and Xerox, will fail because the do not know how to adapt to changes in technology.

	==Personal==		==Personal==

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 Rapidly rising productivity is a double-edged sword in macroeconomics. On the positive side, it drives economic growth, increases global competitiveness, and improves living standards. Conversely, it presents challenges such as potential job displacement, wage stagnation, and income inequality if the gains are not widely distributed. During the industrial revolution technology change resulted in new types of labor to run the machines that put existing cottage-industry laborers out of work. The need for industrial workers grew as the population grew. Labor hours were restricted to 40 in a normal work week and after a little labor strife, and several major wars, society adapted and widespread well-being was evident, at least in the industrialized parts of the world.
-Up till the present, the need for information workers grew as the population grew. The expectation in 2022 is that the increase in productivity might greatly exceed the rate at which new jobs grow.<ref>Wm. H. Davidow and Michael S. Malone, ''The Autonomous Revolution'' 2020 ISBN 978152308717</ref>
+Up till the present, the need for information workers grew as the population grew. The expectation in 2022 is that the increase in productivity might greatly exceed the rate at which new jobs grow.<ref>Wm. H. Davidow and Michael S. Malone, ''The Autonomous Revolution'' 2020 ISBN 9781523087617</ref>
 ==Personal==

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 # Micro or Enterprise Context: For businesses, productivity refers to how efficiently an organization uses its resources to generate products or services. Improvements in productivity can come from streamlined processes, technological upgrades, or better management practices, all of which help produce more output with the same, or even less, input.
 # Personal Context: On a personal level, productivity means completing tasks effectively and efficiently. It’s not necessarily about working longer hours but optimizing the way you work — using strategies like prioritizing tasks, minimizing distractions, and incorporating tools or techniques that enhance focus.
 ==Personal==

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 ==Context==
 There are three levels of context that are considered here: Macro, Micro and Personal.
 ==Personal==
 This context started from a New Yorker article by Cal Newport<ref> Cal Newport ''The Frustration with Productivity Culture - Why we’re so tired of optimizing our work lives, and what we should do about it'' New Yorker (2021-09-21) https://www.newyorker.com/culture/office-space/the-frustration-with-productivity-culture</ref>

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 ==Full Title or Meme==
 [[Productivity]] is a measure of efficiency. It gauges how effectively resources—whether human effort, time, capital, or materials—are converted into useful outputs like goods, services, or completed tasks.
 ==Context==
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 Personal Context: On a personal level, productivity means completing tasks effectively and efficiently. It’s not necessarily about working longer hours but optimizing the way you work—using strategies like prioritizing tasks, minimizing distractions, and incorporating tools or techniques that enhance focus.
 ==Personal==
 The importance of deep work and the need to minimize distractions should not be conflated with “productivity”. There were, I wrote, positive aspects to the idea of productivity. For example, by better organizing administrative tasks that cannot be ignored—paying taxes, filing forms—you can reduce how much time you spend on such drudgery. On a larger scale, the structured “productive” pursuit of important projects, far from being soulless, can be an important source of meaning.