One thing I don't see mentioned often is that productivity in software development has skyrocketed, but it's hard to appreciate. Today's services are much more sophisticated and complex than just a decade ago. Even if some of that complexity is incidental and undesirable, it's undeniable that today a small team can pump out a much more refined app that entire companies did back then. This isn't only guess work, here…
Why isn’t new technology making us more productive?
131–140 of 603 posts
Re: Why isn’t new technology making us more productive?
#132Because new technology is as Thiel often quips limited to the world of bits rather than the world of atoms. Paul Krugman once asked, if you go into an average house right now and you take out all the screens, could you tell that you're not in the 80s? Gordon in the Rise and Fall of American Growth gives a similar example, what if you went into a time capsule between say 1890 and 1950 compared to 1960 and 2010? In one…
Well yes, because we have solar panels and heat pumps and battery powered power tools and vacuum cleaners and dishwashers and microwave ovens and smart lights and ...
You wouldn't expect walls and carpets to change.
Re: Why isn’t new technology making us more productive?
#133One thing I don't see mentioned often is that productivity in software development has skyrocketed, but it's hard to appreciate. Today's services are much more sophisticated and complex than just a decade ago. Even if some of that complexity is incidental and undesirable, it's undeniable that today a small team can pump out a much more refined app that entire companies did back then. This isn't only guess work, here…
Edit: saying they don't do anything new isn't right. They do, especially with regards to collaboration. What I really mean is that they don't make the essential task -- the actual writing -- much easier. That's still human/mental work. Once you have come up with the words, putting the words into a document is the easy part.
Re: Why isn’t new technology making us more productive?
#134Because new technology is as Thiel often quips limited to the world of bits rather than the world of atoms. Paul Krugman once asked, if you go into an average house right now and you take out all the screens, could you tell that you're not in the 80s? Gordon in the Rise and Fall of American Growth gives a similar example, what if you went into a time capsule between say 1890 and 1950 compared to 1960 and 2010? In one…
> The difference between a car right now and a car 30 years ago is that you can now play angry birds on a tablet.
Energy efficiency and fuel economy have made massive gains. Materials are stronger and lighter. Batteries last ages compared to 30 years ago.
Re: Why isn’t new technology making us more productive?
#135One thing I don't see mentioned often is that productivity in software development has skyrocketed, but it's hard to appreciate. Today's services are much more sophisticated and complex than just a decade ago. Even if some of that complexity is incidental and undesirable, it's undeniable that today a small team can pump out a much more refined app that entire companies did back then. This isn't only guess work, here…
Now, the systems are much more complex for sure (queues and asynchronous processing, event buses, microservices, multiple databases for different purposes) but I'm not sure that (functionality provided to business) / (number of developers) has increased all that much.
Of course I could be dealing with a bias because as a novice programmer I worked on simpler programs and now I work on more complex / powerful programs.
Re: Why isn’t new technology making us more productive?
#136Earlier quoted context omitted.
It'd be a lot more effective to redistribute that wealth, first, not over 30 years, and second, not to 100% of the population, but to the bottom income brackets, so the smallest quintile or even decile. So a one-time payout to the bottom 10% would be $150,000. For 20% or 30% of the population, that kind of money could absolutely and instantly lift them out of poverty. Moreover, you needn't take every last cent from t…
Seems immoral to give it to the bottom 10% of people in the US, who are relatively wealthy compared to the rest of the world. Why not give $15,000 each to the 300 million poorest people in the world, or $5000 to the 1 billion poorest?
Re: Why isn’t new technology making us more productive?
#137Because new technology is as Thiel often quips limited to the world of bits rather than the world of atoms. Paul Krugman once asked, if you go into an average house right now and you take out all the screens, could you tell that you're not in the 80s? Gordon in the Rise and Fall of American Growth gives a similar example, what if you went into a time capsule between say 1890 and 1950 compared to 1960 and 2010? In one…
> if you go into an average house right now and you take out all the screens, could you tell that you're not in the 80s? > The difference between a car right now and a car 30 years ago is that you can now play angry birds on a tablet. Energy efficiency and fuel economy have made massive gains. Materials are stronger and lighter. Batteries last ages compared to 30 years ago.
Also if you crash one, you're vastly less likely to die.
Re: Why isn’t new technology making us more productive?
#138Productivity has grown! But not for everyone, sadly. Some people are now magnitudes more productive than they were before. But that requires an understanding of technology, and a drive for improving tools, process, and themselves. The people who can do this effectively are reaping the productivity benefits. Sadly, not everyone is. Some people don't want to do it. Many don't have access to the the instruction that wou…
Re: Why isn’t new technology making us more productive?
#139Because new technology is as Thiel often quips limited to the world of bits rather than the world of atoms. Paul Krugman once asked, if you go into an average house right now and you take out all the screens, could you tell that you're not in the 80s? Gordon in the Rise and Fall of American Growth gives a similar example, what if you went into a time capsule between say 1890 and 1950 compared to 1960 and 2010? In one…
> could you tell that you're not in the 80s? Well yes, because we have solar panels and heat pumps and battery powered power tools and vacuum cleaners and dishwashers and microwave ovens and smart lights and ... You wouldn't expect walls and carpets to change.
mainstream since at least the 1950s
> dishwashers
1970s
> microwave ovens
available but fairly expensive in the 80s, ubiquitous in the 90s
Re: Why isn’t new technology making us more productive?
#140Today I video chat and play network games with my friend's 7yr old son 8000 kilometers away.
In that same time I had an Atari 1200XL and it took several minutes to run the assembler to cross compile the C64 game I was working on. Today I can do far more impressive things from any browser just using jsfiddle/codepen and things run instantly.
Today I can make music in Garageband, Ableton, and all the alternatives in minutes. In the mid 80s my dad had to use a 4 track reel-to-reel with overdub and he had to be able to actually play all the instruments.
Today I can grab blender/resolve/fusion and compete with almost any TV show on quality and broadcast my stuff for free on youtube. Vs in the 80s/90s when that would have taking a huge team of people and $$$$$$$$ in equipment plus access to either retail and VHS copies or access to broadcast gate keepers.
Unreal/Unity have vastly increased productivity in games. Just go to any gamejam and look at how far people used to their tools can get in 2 days vs what they could make in the same amount of time in the mid-80s. Or look at the explosion of games on places like itch.io.
Even typing documents. Typing in this textarea in HN is way easier than typing was on my Atari 800 in Atariwriter and the moment I press "add comment" it's published for all to see. Same with twitter/facebook/google docs/blogger/wordpress. Consider how much work and how many people it would have taking to do anything similar in the 80s. Write document, typeset document, get printer to print 1000s of copies, mail them to people, have mail people carry and deliver them....
Contacting people in general and being able to send them documents, photos, videos, is free and trival today. Would have taken 10s of people and days to weeks just 40 yrs ago.
Maybe "jobs" in general have not but lots of things have gotten incredibly easy, raising what is possible to produce (in otherwords, be productive)