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    Home»Economy»Where did the Solow residual go?
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    Where did the Solow residual go?

    Press RoomBy Press RoomMay 11, 2025No Comments1 Min Read
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    As many people know, in 1987 Robert Solow quipped that “we see computers everywhere today but in the productivity statistics.” What few know is that the Nobel Laureate himself never was willing to use a personal computer. Even though he was still young in the 1980s and 1990s, he never used email. All of his correspondence was on paper, and he used a secretary to type his letters.

    Here is more from Arnold Kling, mostly about AI: “The biggest barrier to using chatbots productively is lack of imagination. The only way to become adept at using them is to keep pushing your own envelope by trying to get help from them in novel contexts.”

    The post Where did the Solow residual go? appeared first on Marginal REVOLUTION.



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