LABRST 2M03 Lecture Notes - Lecture 21: Visible Minority, The Tech (Newspaper), Factors Of Production
Document Summary
Whether technology is making us more productive or not decline of great minds. Many dominant figures in fields were dominated. Economics having debate between theorists born in window of 19th century. The talent pool was narrowed because women couldn"t participate and visible minorities couldn"t. If carr is correct about google making us stupid," the decline of great minds debate is correct. Working on systems creating a fusion of technology in the human mind. Merging with machines believes overall capacity of humans continues to execrate. Many great minds though technology was going to turn people because there"s way too many books in the world on different subjects and knowledge shouldn"t be sitting around, it should be read by everything. Adding technology makes one more productive because people can do more, quicker. Per worker/ capita productivity goes way up. In many countries, average productivity of workers is declining per year. Total factor productivity looks strictly at worker productivity, output and value.
