In the 80s and 90s, a lot of people asked why computing didn't have a large measurable effect on productivity numbers. Some argued that there was no economic case for companies spending huge amounts of money to buy computers. Peter Drucker said in the early 90s that from his perspective, there had been no money made in the computer industry. And I see it more as kind of laying a foundation of change.
Kevin Kelly talks with EconTalk host Russ Roberts about measuring productivity in the internet age and recent claims that the U.S. economy has entered a prolonged period of stagnation. Then the conversation turns to the potential of robots to change the quality of our daily lives.