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by RealityVoid 3042 days ago
I also work in embedded and this issue is also dear to me, seeing how I've been there dealing with doubt and uncertainty for the future and my place as a young man in this world.

That being said, I think that your view is wrong and that tfp _has_ been growing and we have become better at productivity. It's just that is was very localized, the inequalities in productivity are very high and a whole class of people that used to be productive are not anymore(because of various and very complex reasons). Also, I think we, as a species have become complacent and some of us are wired to function better in "crysis" mode than in a normal world. Maybe being normal is one of our contemporary ailments

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Data doesn’t support the idea that an increasingly few productivity superstars in crisis mode can push TFP forward:

https://www2.deloitte./insights/us/en/economy/behind-the-num...