Anddddd worldwide productivity just decreased by 35% #gofrance

likesmart
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Productivity numbers are highly skewed by automation. Automated processes displace human labor shares in developed countries. More output attended by less aggregate hours of human participation = lower “productivity”. Very easy to manipulate this data and say “humans are becoming less efficient / motivated at their trades because of x lazy country”, but this is flawed for obvious reasons given today’s modernized labor economy. Total factor productivity growth, which I’m assuming your basing this fact off of, is just an antiquated measure, in short.

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Best Fishbowl response of 2018 goes to Analyst 1!

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Pretty sure this dudes talking about the World Cup A1

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Wow.. he was totally referring to the soccer match. Well, at least I hopefully have some good insight on an otherwise controversial topic hahaha

Vai Portugal!

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