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Re:Why the 2% Inflation Target? (2023) by throwaway14356 on Friday March 22, 2024 @07:17PM (#39795842)
One can always argue the computer is doing more of the work. Sitting there watching the production line doesn't look very productive or challenging?
Re:Why the 2% Inflation Target? (2023) by Ekaros on Saturday March 23, 2024 @02:02AM (#39797806)
Enabling or keeping productivity going is also important. That is what people watching line and fixing minor things are paid for. Alternative is that someone would be pinged from home and they would drive to line each time. While during time productivity of line was lost.
Re:Why the 2% Inflation Target? (2023) by Alpha3031 on Saturday March 23, 2024 @01:22PM (#39801509)
Labour productivity in economics is output per labour hour, it doesn't matter what is doing the work. As an extreme example, if robots took over and human labour is no longer required for anything then (human) labour productivity would be infinite, it doesn't matter if no humans are actually doing any labour.