The adoption of widespread use of computers contributed to the productivity speed-up from 1995 to 2000.

Question

Quizplus · Accepted Answer

Studies have shown that the adoption and widespread use of computers in various industries contributed to the productivity speed-up during the late 1990s and early 2000s. This is known as the "productivity paradox," where despite the significant investments in technology, productivity growth did not occur until several years later. However, once the benefits of technology adoption were fully realized, productivity increased at a rapid pace.

The Adoption of Widespread Use of Computers Contributed to the Productivity