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Kenneth Rogoff
Filter: Category: Technology
  • ECONOMICS, Technology, Innovation

    Peter Orszag, "Why Productivity Isn’t Keeping Up With Technology"

    Bloomberg - 10 Jul 2018

    Economists have been debating the “productivity paradox” (why is productivity stagnating despite all the excitement about tech?) for years, but Lord Turner has just offered a new explanation that should put it to rest. He affirms that the combination of technological innovation and low measured productivity growth is exactly what we should expect because the impact of new technology on total productivity growth depends crucially on who accrues the income from the new inventions; what additional consumption they choose to enjoy with that income; and the nature of productivity advances in the sectors that workers are shifted into as a result. Brilliant, crucial and reads in less than 10min!

    Published in Weekly selection 14 July 2018

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  • ECONOMICS, Technology

    Vijay Eswaran, "The case against techno-pessimism"

    Politico Magazine - 10 Jul 2018

    The article crystallizes the difference of perception about tech: Asian societies tend to see it as an opportunity (while Europeans focus more on its disruptive nature). The founder and executive chairman of the QI Group of Companies (a multinational headquartered in Malaysia) argues the following: predictions of social catastrophe that accompany every period of rapid technological change are always wrong. Like many other Asian entrepreneurs, he asserts that, in addition to liberating time, technology will also liberate resources by continually lowering the cost of existing goods and services (reads in 5-6 min).

    Published in Weekly selection 14 July 2018

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  • Technology, Innovation, ECONOMICS, Real estate

    Nelly Bowles, "Sorry, Power-Lunchers. This Restaurant Is a Co-Working Space Now"

    The New York Times - metered paywall - 8 Jul 2018

    This seems to be an irresistible trend at the moment: everything, it seems, is becoming a shared office, including upscale dining rooms before they open for the evening. A start-up called Spacious is driving the trend. A membership model is the future for bricks-and-mortar spots, and restaurants are the easiest first step (reads in 5-6 min).

    Published in Weekly selection 14 July 2018

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