Technology, Labor, and the Decline of Productivity

The video discusses the complex issue of productivity, focusing on technology's role, labor quality, and capital investment. It highlights the shift from old to new economy R&D, the impact of labor force changes, and the need for policy-driven capital deepening. The discussion also covers business investment challenges, emphasizing the lack of incentives for companies to invest in productive assets.

What role do policymakers play in addressing productivity issues, and what challenges do they face?

What factors are influencing businesses' decisions to invest in productivity-enhancing projects?