Generally, adoption of new software doesn’t seem to increase productivity metrics. Why? They need to be incredibly specific to actually do their jobs well. In contrast to general purpose technologies (GPTs), which create “broad-based productivity growth” because they’re easy to implement, specialised software is difficult to adopt. Software needs to be programmed precisely so as not to make mistakes, which means it doesn’t work (at least, without tweaks) across a multitude of companies.
Read full article here
Technology
The First Solar-Powered Car Comes at a Hot Price
The Lightyear O is a revolutionary electric car powered by the sun. Developed by a Dutch startup, the four-door sedan has over 50 square feet of solar panels on its roof and hood, generating up to 43 miles of energy a day. With production now underway in Finland, the car does come with a hefty price tag at $262,000, but the company hopes to introduce a more affordable version, the Lightyear 2, by 2025. Read full article here
Merv
January 27, 2023
