why-the-economic-payoff-from-technology-is-so-elusive.html
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This article from The New York Times discusses the elusive economic payoff from technology. It explores the concept of technology's potential to boost productivity and economic growth, but highlights that the data does not support these expectations. The article argues that despite major advancements in technology, such as automation and artificial intelligence, productivity growth has been relatively slow in recent years. It examines possible explanations, including the time needed for businesses to adapt to new technologies and the challenges of measuring productivity in a rapidly changing digital economy. The article concludes by suggesting that although technology holds great promise, its economic benefits are not as straightforward as initially anticipated.