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For several years now, economists from Alan Greenspan on down have been praising the tech-driven improvement in the productivity of the U.S. work force. The theory is that, as computers allow us all to produce more with less work, our incomes will continue to grow and our standard of living will rise. But there’s a darker side to productivity that some economists are now beginning to look at more closely. Simply put: Are we all really working smarter? Or just a lot harder?
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But some economists are beginning to acknowledge that as cellular phones, home computers, and fax machines lengthen the tether to our jobs, a big chunk of those rosy productivity gains are really coming from a fundamental shift in the workplace that is leaving us all toiling longer and harder.
“I believe that is a permanent and unreported, unrecognized outgrowth of this expansion of information technology,” said David Jones, a longtime Wall Street economist and now a private consultant. “Everybody works harder in their own ways. But some of that is misread as higher productivity.”
http://www.msnbc.com/news/952422.asp?0cv=CB10