Does better productivity kill jobs?

AS in my last blog. I already asked the question, does it really will kill jobs? We all know that productivity will increase but will jobs be decreased by that fact. This article is about that.

The article asks this question and in this article the McKinsey Global Institute says no. The MGI Says that productivity comes hand in hand with job growth and that increasing productivity in crucial for jobcreation. The MGI gives three reasons why productivity and job growth can complement each other. The first one is productivity can lead to cost reduction. This will lead to lower prices and more demand of the customer, and so also need for more employees. Second the productivity growth is not always about reducing input costs but also about better quality, a higher output.   Third sustaining global competitiveness requires ongoing productivity gains. Therefore attracting and maintaining local Jobs.
I think they are right but only for the close future. Our blog is about is this function divergent or convergent not everything in between. we want to look at infinity where you can divide by 0. This article feels like its made for Americans who are afraid of the word productivity. It is true what they say but only on a land-scale. I wonder is they would do the world at ones, it will still be the same. For one because the competition is then gone.

http://business.time.com/2011/02/23/does-better-productivity-kill-jobs/

Advertisements

5 thoughts on “Does better productivity kill jobs?

  1. alexandervankerckhoven

    I think it is normal that when the productivity of a company would rise, that company would grow in total and would need more people to work with them. The question is what I think, does the quality goes down when the productivity goes up?

    Like

    Reply
    1. vignero Post author

      I think it could be both. If company’s use the lean approach chances drop that quality goes down. It’s up to the management always think at quality and second on productivity. but It’s easy to stop improving quality when it’s high and then just increase your production. but continuous improving your quality is necessary and forgotten a lot. If you have questions about that, Please visit our website http://www.qlaudit.be

      Like

      Reply
  2. gerbenpeeters3dee

    In infinity there will be no jobs left. If everything is automated and we’re “successfully” (depends on your philosophical view of success) implemented in the system, I believe we won’t really live anymore. All our problems, needs, lusts and so on can be answered by an intelligence we created. Will life feel like living then? I really don’t think so. I believe that in that situation we will be much more robot like then humanlike. But anyhow, what’s the definition of being human? If we evolve with technology we won’t feel the difference. People in 1000 years will just laugh at our current society and technology. I’m just happy to be alive right now, where we still have many problems an difficulties to tackle. It’s challenging but it makes you feel alive.

    Like

    Reply
    1. vignero Post author

      Indeed, i think the question we all have to ask is, what will we do if we don’t have any challenges left? I see meditation and some sort getting popular by then. learn to think about nothing , to find inner peace without being challenged

      Like

      Reply
  3. Xiao.QIN

    I don’t think so…because this conclusion is under the condition that the demand is constant…But normally, the demand is rising along with the productivity. Ergo, the opposite conclusion is drawn here. The high productivity will lead to high demand, then lead to high profit, thus more jobs…

    Like

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s