Emeritus Prof Christopher May on Nostr: But there is, of course an issue of productivity here.... the application of ...
But there is, of course an issue of productivity here.... the application of technology in both agriculture & in manufacturing can enhance the productivity of the workforce to allow maintenance or even expansion of output with the same or fewer workers.
But, increasing productivity in services is much more difficult.
This seem a simple story, but actually what happens is low productivity manufacturing & farm work is exported to poorer countries...
which leaves the case of the UK to ponder?
Published at
2024-11-12 17:49:15Event JSON
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