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There's some reported productivity rises in sectors that have adopted AI more widely, but this uplift is self-reported & driven by opinion surveys, not economic data.
Accepting that economic data lags, nonetheless no such uplift is (yet?) visible in actual economic data.
So the Q. is:
is the AI productivity uplift merely a figment of over-active business imagination... or:
like most technological advances, AI's impact on productivity will take time to work through?
There's been an uptick in productivity data in the UK.... but the Q. is: is this just a blip or the start of a revival of productivity growth (perhaps driven, some will no doubt claim, by the deployment of AI)?
Actually it looks like after 3 or 4 years of 'labour hoarding', keeping on under-employed staff (a trend during & after Covid), recent shifts in employers National Insurance have resulted in low-wage jobs (and workers) being 'let go'... increasing productivity.
#ActivityPub should have a subject field for all status posts so that a decent reader can list subject lines only. This view would be akin to a mail or news reader layout with a subject pane and a viewer pane. The splayed-out, real-estate gobbling, all-or-nothing, vertical feed view is highly annoying and counter-productive. This default layout forces users to see every word and image in the feed, providing a sensory experience of total information overload. This mobile-first, low-IQ presentation is migraine fuel.
Paul Donovan (UBS) argues stagnating productivity figures reflect the rise of the (often undocumented0 side-hustle;
rather than productivity being relatively stagnant, workers have divided their work, capturing tech's productivity enhancement(s) in their other economic activities (side-hustles).
Given the (relative) small scale of this activity its just often not seen by economists & statisticians.
Its an interesting solution to the UK's productivity puzzle.
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Hi everyone! 👋 I know how overwhelming student life can be, so I spent the last few weeks building the Ultimate Aesthetic Student Life Planner in Notion. I wanted something that isn't just functional, but also looks inspiring to use every day. ...