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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: GraceZ who wrote (58723)1/17/2001 4:03:57 PM
From: Don Lloyd  Read Replies (1) of 436258
 
Grace -

...Don't believe the BS that faster computers don't increase productivity. If someone is saying that they've never actually been in an environment where they actually make STUFF with them. ...

Not only do faster computers increase productivity but every kind of rational economic re-adjustment does so as well, else it would not be undertaken. But just saying that productivity is increased is not the end of the story. The real question is whether the given productivity improvement can actually be exploited by a given person or company.

For example, if I give you a survey to fill out describing your entire production process and products, there is no reason in theory that I can't design a black box machine to do the entire job for 1% of your current costs. If I charge $2M for such a machine and offer it to you AND all of your neighbors, will you benefit from this great advance in productivity? Even if all of you can afford the investment, the prices that you will be able to charge will be heavily limited by competition and you may well be worse off, and even out of business.

Regards, Don
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