The conversation between human and AI assistant.
What can policy makers do to raise productivity and living standards? How can technological progress help policymakers to improve productivity and living standards?
That makes sense. Do you think that technological progress always leads to increased productivity?
It's not guaranteed that technological progress will always lead to increased productivity. However, when new technologies are implemented effectively and employees are trained to use them, productivity gains can be substantial. It's important for policy makers to carefully consider the potential impact of technological progress and how it can best be harnessed to benefit society as a whole.