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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (21262)	11/15/2001 11:50:39 AM
From: JRI	Read Replies (1) of 209892

OT OK, big picture man, gotta question for you (one that stumps me).. Was the technology-led productivity "miracle" of the late 90's: (A) A total lie/false (due to hedonic pricing, etc. WAY OVERSTATED) (B) Somewhat true, but somewhat overstated (C) Totally true, and perhaps leading to deflation I am leaning between A and B...mostly towards B...I see the benefits of technology of course (ie., better access to more information...free e-mail is something we all can understand as a good thing). But I wonder about a human's capacity to increase quality of decision-making by having MORE information in many cases. (Like: The old hedonic argument of how much more productive is having a P56 when you only need a P3)

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