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U.S. on the Verge of a Productivity Boom

August 18, 2021 · 2:00 pm ET · Leave a Comment

Washington Post: “The United States is currently experiencing a surge in worker productivity that could rival that of the tech boom 20 years ago — if it lasts. As companies and customers embrace new technologies, making it easier for Americans to produce more with fewer workers, a growing number of economists say this is not a blip and could turn into a boom — or, at least, a ‘mini boom’ ― with wide-ranging benefits for years to come.”

“The optimism this time derives partly from Congress and the White House taking steps to make significant investments in physical and digital infrastructure, and partly from the coronavirus pandemic forcing rapid and widespread adoption of the digital economy, robots and artificial intelligence.”

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