It has impressive productivity gains in say 19th century factory work, but I think its gains are much smaller than usually assumed in say a white collar setting.
Heck, I’m not convinced the gains in the white collar setting outweigh the loses due to the resulting signaling games. Especially now that routine secretarial tasks can be done automatically.
Heck, I’m not convinced the gains in the white collar setting outweigh the loses due to the resulting signaling games. Especially now that routine secretarial tasks can be done automatically.