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Robots Are Now Everywhere, Except in the Productivity Statistics
A Swedish economist investigates the numbers and is left baffled
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Economists, politicians and business leaders are all singing the praise of computers, artificial intelligence and robots. But are these really revolutionizing the economy?
There doesn't seem to be much evidence of that so far, according to Roger Josefsson, an economist with the Swedish data firm Macrobond. It’s “the modern productivity paradox,” he wrote recently in his blog.