Why is there a perception that productivity is not improving despite advancements in technology?
Wages, Inflation, and Hidden Productivity Growth
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Business
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University
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Hard
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The video discusses economic trends, focusing on profit margins, labor costs, and inflation risks. It highlights the impact of wage pressures on S&P 500 margins, particularly in the energy sector. The discussion also covers the challenges of measuring productivity in the modern economy, emphasizing the need to adjust data to reflect technological advancements.
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What challenges are mentioned regarding the measurement of productivity?
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