Wednesday 14 December 2005

Time, money and technology-driven productivity?

Ross Gittins writes an interesting opinion piece in today's SMH about how we're trading more of our hours for money - but at what personal cost?

Gittins talks about the oppourtunity costs associated with money and time. He makes an interesting point that we should think about from a knowledge worker and technology perspective:

"Much technological advancement, including the growing number of 'mod cons' in the home, is intended to save time. But while it raises our productivity - the amount we're able to produce or get done in an hour - it rarely leaves us with time on our hands."

Apparently compared to the 1830's, 1 hour's work today is worth 25 times what is was then but we still work as much if not more.

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