This is going to lead to these abstract discussions of subjective perceptual "productivity" as it always does, but by the actual economic definition of labor productivity, revenue per employee, Microsoft has gone from $143 billion with 163,000 in 2020 ($877,000 per head) to $282 billion with 228,000 ($1.24 million per head) so far this year. They've become the 2nd largest company in the world by market cap, in large…
This drove me nuts during all the hullabaloo about DOGE. People would confidently state that the Federal government is inefficient – while data showed the opposite! Federal workforce has remained largely the same since 1950, while administering more services, for more people, with a much larger budget. As measured, the government workforce is more productive than ever.