(I am currently reading a book entitled "The Accidental Theorist" by Paul Krugman. It is actually a compilation of articles he wrote for popular magazines. I kind of like his statements in this specific article he wrote on technological progress. I am sharing it here.-che)
"Technology's Wonders: Not so Wondrous
Lately many business leaders and thinkers have become preoccupied with something called the Information Technology Paradox. It goes like this: We live in an age of unprecedented technological progress, which is making everyone far more efficient than before. Yet where is the payoff? The standard of living of ordinary Americans doesn't seem to be soaring; if anything, many people are finding it harder, not easier, to make ends meet. If we're so smart, why aren't we richer?
A lot of ingenious things have been said about the reasons for the paradox, but there is one explanation that hardly anyone dares mention: Maybe the wonders of technology we keep hearing about aren't really all that wondrous."
20 October 2009
Technology's Wonders: Not so Wondrous
Subscribe to:
Posts (Atom)
