19 Oct. 2018 | Comments (0)
Welcome to Season 2 of Indications. In this premiere episode, Bart van Ark, Chief Economist of The Conference Board, breaks down the mysteries of productivity in the 2010s: Above all, why has productivity growth slowed to a crawl—down to 1.4% in 2015 and 2016—in the face of accelerating advances in mobile, automation, big data, and the cloud?
With the help of experts from the OECD and the McKinsey Global Institute, Bart dives into the latest data—and past technological transformations—to uncover a surprising answer: While economists and policymakers keep racking their brains to crack the past decade's "productivity paradox", a return to an era of faster productivity growth may already be happening, right before our eyes.
Indications 2.1 Reading List
- Window on Productivity (webcast)
- Studying the Growth Process: A Primer (Arnold C Harberger, UCLA)
- Artificial Intelligence and the Modern Productivity Paradox (Erik Brynjolfsson, MIT and NBER)
- The Conference Board Innovation & Productivity Center