The great stagnation

Labor productivity growth in the U.S. has slowed in recent years, despite new technologies in the workplace

From the steam engine to the telephone and the personal computer, new technologies have tended to make workers more productive over time. Over the past 15 years, however, labor productivity growth—measured as growth in GDP per capita—has been stagnant despite the rise of smartphones, AI and the internet, all technologies that promised to make work more efficient.

The trend is so curious that economists have named it the productivity paradox.

Related Articles:

Digitizing the patient experience

From voice assistants to digital workflows, emerging tech is transforming hospital care

CIO challenges by industry

CIOs are focused on different strategies to overcome challenges to success
Workflow Quarterly

CIO leadership around the world

CIOs in the U.S. outpace peers in other countries