It’s Solow’s paradox: “You can see the computer age everywhere, except in productivity statistics.” — Nobel Prize-winning American economist Robert Solow, in 1987
I forget where I heard this but there was an interesting quote:
"In the early 1900s, 25% of the US population worked in agriculture.
Today it's 2%.
I would imagine that economists back then would be astounded by that change.
I should point out: there were also no pediatric oncologists back then."
I forget where I heard this but there was an interesting quote:
"In the early 1900s, 25% of the US population worked in agriculture.
Today it's 2%.
I would imagine that economists back then would be astounded by that change.
I should point out: there were also no pediatric oncologists back then."