In a competitive environment, yes.
But, tech has been particularly monopolistic/duopolistic and anticompetitive in a lot of different ways. Avoiding being treated as a commodity the same way many of the employees of those companies have.
But, tech has been particularly monopolistic/duopolistic and anticompetitive in a lot of different ways. Avoiding being treated as a commodity the same way many of the employees of those companies have.
So all that productivity increase didn't result in higher profits either, end users mostly captured it by getting a lot of free services that previously used to cost money. International communication used to be extremely expensive but today I exchange hundreds of messages with people across the sea daily for almost nothing.