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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
bybyronivs ( 1626319 ) writes:
Whaaaaaaaat?
byAnonymous Coward writes:
Google executive James Manyika has warned
So, an executive at a company that doesn't produce anything is going to lecture us about "productivity". Right.
byewibble ( 1655195 ) writes:
No, I used to think that until I realized executives produce a lot on needless bureaucracy and waste these things are essential for the countries GDP to grow. If a product doesn't cost 50 times what should cost how else are these companies going to justify the price they charge. As long as those costs can be passed on to the customer the more the better.
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byblue trane ( 110704 ) writes:
Why do we have to listen to economists and make GDP grow?
"In 1987 economist Robert Solow remarked that the computer age was visible everywhere except in the productivity statistics. "
Am I correct in assuming those productivity statistics completely ignore financial market returns? How productive in terms of returns on investment have "computer age" companies been? If economists are ignoring all of that capital creation, why should we make public policy based off of anything they say, anymore than any other
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