Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Jim Willie CB who wrote (29111)	2/23/2003 2:36:21 AM
From: elmatador	Read Replies (1) of 74559

That's what I was saying bosses invested heavily. Having not seen the return on the investment, i.e., productivity, they decided to sack lots of people and get the productivity by force. (Sorry no spell checking Sunday is Internet Cafe time!) There are a lot of application of technology that make workers more productive. But others just make use of technology for better quality. Compare dot matrix printing with collor laser or bubble jet. You don't service a car anymore. You just fuel it up. But more technology under the hood calls for more technology to maintin the car. Now if we give those glorified type writers for people to use as typing machines and make spreadsheets, plus all the networking necessary to let them talk together don't expect productivity to shoot up. The problem is not the technology. IT IS THE PEOPLE USING IT!!! A new generation of oldies have to go on early retirement in this Bust so that when R happens the new comers will show the productivy technology enables.

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