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To: Follies who wrote (54150)6/14/2000 9:12:00 PM
From: HairBall  Respond to of 99985
 
dale sinor: I knew I should not have posted on this subject tonight, as I do not have the time to debate this subject or even discuss it on the level I am sure you are accustom.

I will just throw the following out, productivity should not be looked at in a vacuum. What is done with the productivity gains is just as important as the gains themselves.

Good night all...

Regards,
LG



To: Follies who wrote (54150)6/14/2000 9:20:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
dale:

"And productivity gains are never given back. Once we learn how to do something cheaper, faster , better, we never forget that and go back to doing it the old way."

Yep, the early adopters of the technology enjoy large margins (if you ignore huge cap-ex and er: R&D), but when everyone finally gets it, competition insures that margins contract until the next "new new thing".


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