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by fl4regun
3 days ago
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economists define productivity as gdp per hour worked. Like a lot of other economic measurements, its mostly a bogus number people use as an argument on why their politics are better than someone elses politics. You can have an efficient business located in a poor country making the same product and same quality as that same business in a rich country, the rich country will be more "productive" because local cost of goods is higher there (i.e. a restaurant in NYC is more "productive" than a restaurant in bangladesh). |
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In my field - operations - productivity is usually described as some rate of production for a specific asset. 100 widgets / machine / hour - for example.
"My productivity is 3 PRs / day with the LLM as opposed to 1 PR per every three days". That's how I think people are thinking about it.
My point is that's not the same thing as value. I.e. what people will pay for.