> Slashing labor costs while maintaining the status quo is still a big productivity gain.
Maybe I didn't express myself properly, but I think we agree, at least on this point?
Besides this effect, of enabling smaller teams to produce the same results, I think there is a larger effect coming where fundamentally different structures produce the same or better results as last year. I just don't think we've completely figured out what that looks like yet.
> But that extra value doesn't accrue to individuals, it accrues to business owners.
What is value?
Is a 2X faster lumberjack 2X as valuable? Sure
Is a 2X faster programmer 2X as valuable? At what, fixing bugs? Adding features? That's not how the "ownership class" would define value.
Productivity is a measure of efficiency, not growth. Slashing labor costs while maintaining the status quo is still a big productivity gain.