The Productivity Paradox: Digital Abundance and Scarce Genius

Irving Wladawsky-Berger

Despite the relentless advances of digital technologies, productivity growth has been declining over the past decade. Translating technological advances into productivity gains requires major transformations in business processes, organization and culture, - and these take time.

Products

Clark Quinn

I don’t usually talk about products, particularly ones I’ve received as opposed to have chosen. I didn’t win, but paid an expo price (or so I thought) for a HyperShield stylus for my iPad. However, there are a couple of mentions worth making: GOOD. I won a copy of Navigon. I’d always wanted a GPS, but didn’t want to buy one, figuring they’d get outdated. I was glad to get it, as Google Maps wasn’t allowed to do turn-by-turn on the iPhone.

The Productivity Puzzle

Irving Wladawsky-Berger

Economic growth has two main components, productivity growth and the growth of the labor force. I ncreasing productivity is thus more crucial than ever to promote economic growth. From 1987 to 2004 US labor productivity grew at a 2.1% The Difficulty of Measuring Productivity.

AI and the Productivity Paradox

Irving Wladawsky-Berger

But, at the same time, productivity growth has significantly declined over the past decade, and income has continued to stagnate for the majority of Americans. Economists have proposed competing explanations for declining productivity growth and so far have failed to reach a consensus.” .

Cloud, Services and the Transformation of Production

Irving Wladawsky-Berger

Cloud-based services require a much more standardized, mass customized , process oriented, industrialized approach to production , including the application of advanced technologies and rigorous science, engineering and management methodologies. .

AI and the Productivity Paradox

Irving Wladawsky-Berger

But, at the same time, productivity growth has significantly declined over the past decade, and income has continued to stagnate for the majority of Americans. This puzzling contradiction is addressed in Artificial Intelligences and the Modern Productivity Paradox , a working paper recently published by the National Bureau of Economic Research (NBER). Economists have proposed competing explanations for declining productivity growth and so far have failed to reach a consensus.” .

Six topics for the price of one

Jay Cross

Introverts and extroverts working together are more productive than either group working in isolation. I’m spending the first quarter of the year learning experientially by walking around and trying new things. This blog is turning conversational. It’s me to you. Informal.

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Text-to-Speech Costs – Licensing and Pricing

Tony Karrer

The other posts are: Text-to-Speech Overview and NLP Quality , Digital Signal Processor and Text-to-Speech , Using Text-to-Speech in an eLearning Course , Text-to-Speech eLearning Tools - Integrated Products , Text-to-Speech vs Human Narration for eLearning , and Using Punctuation and Mark-Up Language to Increase Text-to-Speech Quality. Text-to-Speech Examples In this post, we will look more closely at costs of Text-to-Speech and issues around TTS Voice Licensing and Pricing.

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Apple’s iPad and the importance of price

Adaptive Path

One of the architects of the product, Jeff Hawkins, left Tandy to strike out on his own with Palm Computing. While the quality and characteristics of the product’s behavior were crucial, it’s revealing that among the top considerations was price.

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Services, Production and Clouds

Irving Wladawsky-Berger

So, like many others, I have discussed services and their attributes in contrast to what they are not - physical products that are generally manufactured in factories. The distinction between products and services blurs, as physical products are increasingly embedded into service-based solutions, where the clients pay for the services they receive, not the products embodied in the solutions. He views cloud computing as being primarily a story of production.

IT, Productivity and Organizational Capital

Irving Wladawsky-Berger

But, to achieve long term economic growth, as well as gains in our standard of living , the US must also focus on innovation and productivity growth. US labor productivity - “the amount of goods and services that a laborer produces in a given amount of time” - grew at only 1.5% This period of slow productivity coincided with the rapid growth in the use of computers in business, giving rise to the Solow. As the US recovers from the financial.

Business or Pleasure? - why not both: The product-to-service.

Martijn Linssen

why not both Home About Contact Saturday, 21 August 2010 The product-to-service financial ratio Yesterday I saw a tweet by Frank Scavo : Chatting with a vendor about implementation cost to software license cost ratios. Because the product is more expensive. " Business or Pleasure? -

U.S. Drugs, Canadian Prices

Stephen Downes: Half an Hour

Patents are established in order to encourage the development of new products - more government interference in the marketplace. Moreover, significant demand for new drugs has allowed them to dramatically increase prices (remember, price is not set according to 'cost of production' but by 'willingness to pay'). The pharaceuticals would get their patents, open research facilities in Canada (a promise never kept), and agree to be subject to a ceiling on prices.

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What price sobriety (in vouchers)?

Mind Hacks

Hence, in the Market State that has emerged, corporations and sovereign states make decisions on the production and distribution of Earth’s common resources more or less as a unitary system — with minimal participation from the people who depend on these commons for their livelihood and well-being.

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Enterprise microblogging should be pay-per-use

Martijn Linssen

Business or Pleasure? -

Leveraging Commercial Best Practices to Maximize Government Productivity

Irving Wladawsky-Berger

On October 6, the Technology CEO Council released its report One Trillion Reasons: How Commercial Best Practices to Maximize Productivity Can Save Taxpayer Money and Enhance Government Services. By harnessing major technological shifts and adopting best business practices, we can not only make our government far more productive, but also foster greater innovation in areas ranging from healthcare to education and energy – innovation that will generate economic growth and job creation. “We

Look Out for the Price Cliff! Managing Design Projects Registration Increases to $295 Tomorrow

Adaptive Path

If you’re a program, project, or product manager, come learn about conflict management, facilitation, client relationship management and much much more. Pricing increases to $295 tomorrow, so register today. Tags: Events Project Management project management event Management produc Upcoming Events program management Product Management

A critical point in the MegaTrend of Creative Enablement: DSLRs are revolutionizing video production

Ross Dawson

One of the biggest, broadest, most important trends of the last few decades has been how technology has democratized the tools of creation and production. Now the means of production are in place to fulfil the massive emerging demand for video.

Three vendors and/or products to love: Computer parts, music, electric toothbrush

David Weinberger

I wanted to replace the smashed screen of a white MacBook, and found what seemed like a very good price from Wegener. You name your own price, you can divvy it up among the creators and among charities, and today I got a message that they’ve added more songs for free for anyone who purchased the most recent bundle. Yo, Humbles, I already bought the product.

Special Independence Day UX Week 2009 Pricing: $1,776 through July 4

Adaptive Path

In honor of our nation’s founding, and recognizing that, hey, this economy sucks for many people, we’re offering special promotional pricing for UX Week 2009. Elizabeth Windram, Senior UX Designer & Bernhard Seefeld, Product Manager for Google Maps. Register between now and July 4th, and pay only $1,776. Use the promotional code BLOG, and get an additional 10% off. Main stage talks include: Matias Duarte, Senior Director of Human Interface and UX at Palm.

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A.nnotate - Love the functionality but REALLY love the thought out into pricing

Mark Oehlert

I am all in favor of products that fit into existing workflow and have potential to make that workflow easier and/or faster. THEN I got a great surprise when I clicked over to A.nnotate's " pricing " page and saw that one of their solutions is a " standalone " option with the service on an appliance that can be installed behind my firewall. Here si the only problem with the pricing.

The Perks of Being an Early Riser

Luis Suarez

Is it having a price, a toll, on yours truly? To see whether I can regain that productive time (not related to my internal work) to focus on my external social presence and to whatever the level.

UX Week 2014: Meet the Keynotes

Adaptive Path

We’ve been trying for a long time to get digital product design thinker Josh Clark at UX Week, and I’m happy to say we finally nabbed him. Register now before prices go up on May 1, 2014!

Is Social Business Ready to Face Internet Traffic Jams?

Luis Suarez

Well, what happens when back at home that, once trusted, reliable, scalable, relatively speedy, consistent, reasonably priced Internet connection ceases to exist? While price is still pretty much the same. Yet the prices remain the same, if not higher.

2016 – The Year I Went Mobile Only with My iPad Pro

Luis Suarez

This one, to quote: ‘ Ten years later, having experienced over that time the joy and increased effectiveness of being a freelancer in charge of my own productivity, […] ’, although I would have added as well the following tidbit: ‘ and computing environment ’.

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I Think I May Have Just Experienced The Future…

Luis Suarez

and on top of that how expensive it is for the quality of service that we get, even worse here in Spain, where the prices for ADSL, for instance, are some of the most expensive in Europe with the lowest bandwidth!

Dare to Disagree through Critical Thinking

Luis Suarez

In a rather insightful blog post (“ Fear of Freedom “) my good friend Euan Semple quotes: “ Our old worlds of corporate stability are crumbling – the job for life, status and authority from a fixed place in the hierarchy, individual certainty at the price of loss of soul.

You Are Not Perfect! Live With It

Luis Suarez

Gosh, a few years later, it looks like things have turned around 180 degrees and nowadays it’s actually the opposite: if you leave your (home) office by the end of those 8 hours, something is wrong with your productivity: rather your fault or just basically not having enough work.

My Top 10 Reasons Why I Bought an iPad 2

Luis Suarez

Quality: What can I say about quality that hasn’t been said already about Apple’s products? Yes, good quality products would do that to you. What makes a good product enchant your customers? The price is still good, in my opinion, for what you are offered.

A Novel Method for Measuring the Value of Free Digital Services

Irving Wladawsky-Berger

Gross domestic product (GDP) is the basic measure of a country’s overall economic output, based on the market value of all the goods and services the country produces. GDP is essentially a measure of production. If the price is zero, then “zero times any quantity is still zero.

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Reinventing management: The transition from hierarchy to self.

Steve Denning

From “Buy What We Have” to “Connected Customer Strategies”

Irving Wladawsky-Berger

In it, companies provide high-quality offerings at competitive prices, but it’s up to customers to identify their needs and seek out the appropriate products or services to meet them.

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"Lend Me Your Wallets:" Research on the Link Between Charismatic.

Bob Sutton

James Adams: Good Products, Bad Products: Essential Elements to Achieving Superior Quality. Price: The Pixar Touch: The Making of a Company. An Amazing Story About a Certified Asshole on This American Life » "Lend Me Your Wallets:" Research on the Link Between Charismatic CEOs and Stock Price, Featuring Steve Jobs.   He answered that he was pretty interested in the link between CEO actions and stock price.  Bob Sutton.

Interview with Margret Schmidt, VP of User Experience Design and Research at TiVo (Part 2)

Adaptive Path

Prices increase January 31st. Peter Merholz: In your earlier discussion of the departments involved in product development, Marketing was not mentioned. Margret Schmidt: Marketing is outside of the Product Development organization, and User Experience is inside Product Development. The VP of Marketing is very engaged in the executive reviews of all products and designs. We hear their hopes and dreams for the product, and we share ours.

Interview with Margret Schmidt, VP of User Experience Design and Research at TiVo (Part 3)

Adaptive Path

Prices increase January 31st. What did it take to make the site more of an extension of the TiVo product experience? As the company evolved the web site did too, and we added product features like online scheduling, and we enhanced customer support tools. This ongoing work is done internally, with user experience as a service organization working for marketing, product management, or customer support (depending on the site section). Part 1 of this interview.

Artificial Intelligence is Ready for Business; Are Businesses Ready for AI?

Irving Wladawsky-Berger

They invest in applications close to their core business, such as customer service, operations and product development. They see AI-driven innovation as driving increased revenues and higher productivity rather than just cutting costs. AI is now seemingly everywhere.

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Next year your entire desk will be a computer control device

Ross Dawson

Mashable says it is due for release next year at a price of $1,299, making it not much more than a big screen. The price for devices like these will not need to come down much more for the productivity impact to be worth the price for many.

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Improve Customer Service Training with a Learning Management Software

TOPYX LMS

Thirty-five Customer Experience Statistics to Know for 2019¹ stated, “Customers no longer base their loyalty on price or product. Companies are increasing their focus on the customer experience, and for good reason: happy customers are loyal customers. Instead, they stay loyal with companies due to the experience they receive. If you cannot keep up with their increasing demands, your customers will leave you.”. Are your current customers loyal to your brand?

The Business Value of Resilience

Irving Wladawsky-Berger

The Industrial Revolution was “as much about process innovations that reduced waste and increased productivity as it was about the application of new technologies,” wrote Roger Martin in a recent Harvard Business Review (HBR) article, - The High Price of Efficiency.

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The Prosperity Puzzle

Irving Wladawsky-Berger

In the mid 1990s, Nordhaus looked at the evolution of the price of light over the past two centuries in Do Real-Output and Real-Wage Measures Capture Reality? By this measure, the true price of light has plummeted by considerably more than a hundredfold since the early 1800s.

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Irving Wladawsky-Berger: Outsourcing and Collaboration

Irving Wladawsky-Berger

Home Archives Subscribe « A Key Trend for 2007 - and Beyond | Main | Well Functioning Business Ecosystems » January 08, 2007 Outsourcing and Collaboration A variety of books and papers have been written on the growing trend of outsourcing products and services.

Scott Berkun to Head the Schedule of Managing Design Projects!

Adaptive Path

As this is the first time we are holding this type of an event, we have priced it below our other events at a thrifty $249. As of January 15th the price will increase to $295. Tags: Events Project Management Adaptive Path Management Product Management We are happy to announce that Scott Berkun will keynote our Managing Design Projects conference in February.

Why Australians unfairly pay more for software and digital entertainment

Ross Dawson

Australia’s Department of Broadband Communications and Digital Economy has just provided a submission to the government’s Inquiry into IT Pricing. The government report runs through some examples of pricing disparities. paid by Americans for exactly the same product.