Business
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Part 1 of the sector clock established that the sectors restructuring fastest share a common profile: digital-native workflows, clear and measurable units of value, relatively low regulatory barriers to workflow change, and competitive dynamics intense enough to punish non-adoption on a short timeline. Financial services, legal, and professional services meet most of those conditions. The…
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The four clocks in this series have been running at roughly the same speed. Capital concentration, labor bifurcation, and the productivity trough are all happening simultaneously, which is what makes the current moment structurally distinct from previous technology transitions. But the fourth clock, sector restructuring, doesn’t run at a uniform speed across the economy. It…
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The Productivity Clock In 1987, economist Robert Solow made an observation that became one of the most quoted lines in technology economics: “You can see the computer age everywhere except in the productivity statistics.” It took roughly a decade for that to change. Computers had arrived. Organizations were using them. Productivity, at the macro level,…
