|
PureBytes Links
Trading Reference Links
|
> Be careful with this pervasive productivity argument. It isn't 100%
> accurate. Yes, office supplies can be ordered more efficiently using
> the net and theoretically, B2B auctions should help clear out overstock
> faster. But the productivity that AG refers to is really just people
> working longer hours using the same old processes.
Productivity can be hard to measure at times, but there are some undeniably
enormous gains being made in the new economy. For instance, Barnes and
Noble sells about $100,000 worth of books per employee each year in their
stores. Amazon sells over $300,000 per employee on their website. Even if
Amazon employees work longer hours, you're still talking about a massive
improvement in productivity.
Bruce
|