In 1987, economist and Nobel laureate Robert Solow made a stark observation about the stalling evolution of the Information Age: Following the advent of transistors, microprocessors, integrated circuits, and memory chips of the 1960s, economists and companies expected these new technologies to disrupt workplaces and result in a surge of productivity. Instead, productivity growth slowed, dropping from 2.9% from 1948 to 1973, to 1.1% after 1973.

  • XLE@piefed.social
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    5 days ago

    And those looms inspired Chuck Babbage to build the Difference Engine, which was at the 1862 World’s Fair. Years before Marx started writing Capital.

    So again, when you say these machines are inconceivable to Marx…

    "you keep using that word."

    • Paranoid Factoid@lemmy.world
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      3 days ago

      Blah blah blah

      The difference engine was never built by Babbage.

      This is a false comparison built upon a false presumption.

      • XLE@piefed.social
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        3 days ago

        What was at the 1862 World Fair then? That pesky word you used…

        Your beliefs rest on

        1. This clearly conceived thing not being conceived
        2. An implied assertion Marx wouldn’t be aware of specific large events

        If you could prove either, I guess you’d be in the clear, but for some reason you’re insisting upon both.