The pandemic could give way to an era of rapid productivity growth | The Economist

The pandemic could give way to an era of rapid productivity growth

Businesses have adopted new processes and technologies-and there are signs that they may pay off

THE PROSPECTS for a productivity resurgence may seem grim. After all, the past decade has featured plenty of technological fatalism: in 2013 Peter Thiel, a venture capitalist, mused of the technological advances of the moment that “we wanted flying cars, instead we got 140 characters”.

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