saw a neat paper once that said the productivity slowdown was basically all due to innovations not spreading to the worst firms anymore idk I didn't really understand ithttps://twitter.com/ObsoleteDogma/status/1355316050276048898 …
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the way places like FAANGs operate is qualitatively different than antique firms and there are huge advantages to the organizational scale at places like this that can't be easily replicated with existing workforces and norms
my hunch is that if your industry hasnt been eaten by a tech company yet it will probably be soon and its because of organizational and technical infrastructure
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