Interesting piece. Actually just stumbled on your substack and reading all articles.
On this one, while tech has clearly disinflationary pressure on many sectors (including services!) what’s unclear in making the assumption that increased savings will lead to increased spending somewhere else because who will pay this income? On one hand for once in my lifetime I think job income is actually at risk for 20-30% of the economy. So, as a whole I don’t see yet how the income will be recovered
Hey Dez - interesting thoughts on both real and perceived productivity gains from AI. There are still many companies who struggle with standard analytics about their product performance and workflows. They will have to report this low hanging fruit more accurately before being able to realize productivity gains from AI tools.
Interesting piece. Actually just stumbled on your substack and reading all articles.
On this one, while tech has clearly disinflationary pressure on many sectors (including services!) what’s unclear in making the assumption that increased savings will lead to increased spending somewhere else because who will pay this income? On one hand for once in my lifetime I think job income is actually at risk for 20-30% of the economy. So, as a whole I don’t see yet how the income will be recovered
Hey Dez - interesting thoughts on both real and perceived productivity gains from AI. There are still many companies who struggle with standard analytics about their product performance and workflows. They will have to report this low hanging fruit more accurately before being able to realize productivity gains from AI tools.