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We were joined by resident finance journalist Denise Raward to talk about productivity. It's easy to discuss in the abstract, but what does it actually mean? People are employed, earning cash, and putting it back into the economy, so who cares? Well as Denise explains, it can be a big hit to your living standards, and the ability to produce more for less, which allows you to earn more. We've been going backwards in this regard for over a decade.00:00-01:35 - Intro and Savings Tip - late meat markdowns01:35-02:53 - What is the productivity problem02:53-04:22 - Why care04:22-07:13 - The care economy07:13-10:00 - How to get out of the slump10:00-12:57 - AI and Automation 12:57-14:16 - Outro
We were joined by resident finance journalist Denise Raward to talk about productivity. It's easy to discuss in the abstract, but what does it actually mean? People are employed, earning cash, and putting it back into the economy, so who cares? Well as Denise explains, it can be a big hit to your living standards, and the ability to produce more for less, which allows you to earn more. We've been going backwards in this regard for over a decade.00:00-01:35 - Intro and Savings Tip - late meat markdowns01:35-02:53 - What is the productivity problem02:53-04:22 - Why care04:22-07:13 - The care economy07:13-10:00 - How to get out of the slump10:00-12:57 - AI and Automation 12:57-14:16 - Outro