OpenAI just uncovered a 6× productivity gap—$40B corporate AI spend, 95% returns missing. MIT’s Project NANDA says it’s the GenAI Divide. Are we over‑paying for hype? Dive in to see the paradox. #OpenAI #GenAIDivide #ProductivityGap
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2/3 Recent improvements in capital productivity — helped by stronger public capex, faster infrastructure rollout and rising private investment in utilities — signal genuine progress.
#ProductivityGap #InvestmentTrends
4/8 American labor is the most productive in the world. For fifty years though the growth of that productivity has been decoupled from a growth in wages. #ProductivityGap #WorkersRights #Labor
📖 A full reading of OpenAI's blog post and the full PDF Economic Blueprint 2025.
#OpenAI #Australia #AIBlueprint #DataCenters #ChatGPT #TechPolicy #AI2025 #productivitygap
youtu.be/Std_fIyEgZA
Apple, Trump, And The Real Cost Of Making Things
Trump’s push to bring Apple’s factories home challenges India’s China+1 dream. But productivity, not wages, may be the real battleground, writes Abheek Barua : basispointinsight.com/Story/Home/a...
#MakeInAmerica #ChinaPlusOne #ProductivityGap
Why Are Workers Getting Less While CEOs Get Richer Despite Rising Productivity? --- Income inequality in the United States has been growing for decades, and workers are getting a smaller share of the country's income even though productivity is rising. According to data from the Bureau of Labor Statistics, the percentage of national income going to non-farm workers dropped from 64.1% in 2001 to just 55.8% in early 2024. This means workers are earning less compared to the total income generated by the economy[8]. Low-wage workers at companies like Starbucks, Target, McDonald's, and airport
contractors often earn very little, while CEOs and top executives make millions. Since 1978, CEO pay has increased by 1,209%, but typical worker pay has only gone up by about 15.3%. From 1979 to 2022, wages for the richest 1% grew 171%, while wages for the bottom 90% rose only 33%. The richest 0.1% have gained a bigger share of income, while the bottom 90% have lost ground[4]. Productivity, or how much workers produce, increased by 60% from 1979 to 2019, but worker pay only grew 16%. This shows that workers are not getting their fair share of economic growth. Meanwhile, the federal minimum
wage has stayed at $7.25 since 2009 and has lost 29% of its value because of inflation. This creates a tough situation where low wages stagnate even as companies make more money and become more productive[8]. The result is a big gap between rich and poor, with executive pay soaring and worker income shrinking. Despite rising corporate profits, most workers see little benefit, leading to growing inequality and economic hardship for many Americans[4][8]. Citations: [1] https://www.stlouisfed.org/community-development-research/the-state-of-us-wealth-inequality [2]
https://www.statista.com/statistics/203961/wealth-distribution-for-the-us/ [3] https://www.census.gov/topics/income-poverty/income-inequality.html [4] https://inequality.org/facts/income-inequality/ [5] https://www.census.gov/library/publications/2024/demo/p60-282.html [6] https://www.cfr.org/backgrounder/us-inequality-debate [7] https://wid.world/news-article/10-facts-on-global-inequality-in-2024/ [8] https://www.bls.gov/osmr/research-papers/2022/pdf/ec220060.pdf --- #IncomeInequality #WorkerWages #CEOCompensation #ProductivityGap #MinimumWage #EconomicJustice #FairPay #WageStagnation #CorporateProfits #LaborIncomeShare #LivingWageNow ---
#IncomeInequality #WorkerWages #CEOCompensation #ProductivityGap #MinimumWage #EconomicJustice #FairPay #WageStagnation #CorporateProfits #LaborIncomeShare #LivingWageNow
#valueoflabor #workerworth #wagereality #productivitygap #laboreconomics #businessbasics #economicsexplained #careerinsights #workplacewisdom #moneyfacts #surplusvalue #wagesuppression #modernexploitation #visualizedata #everydaymath #knowyourworth #worklifebalance #blueskyeconomics
#productivitygap I think we may have a clue, whoever you are please don't have #porn running in the background, #sudoku yes, #onlineshopping yes, bare naked ladies, no.