David [In: Technology and Productivity: The Challenge for Economic Policy (1991) 315–347] and emphasize their similarities …. Our main findings are: 1. Productivity growth in the two GPT eras tended to be lower than it was in other periods, with … productivity slowdowns taking place at the start of the two eras and the IT era slowdown stronger than that seen during …

. Research on IT productivity points to intangible capital as a crucial driver of value creation from innovation in computing. We … architecture coherence leads to more intensive machine learning capabilities and substantially higher productivity growth in the … subsequent three-year period. Legacy server technology reduces ML-driven capabilities and productivity growth particularly at …