This strip came out in 1995. What would Calvin’s dad have to say about technology in 2022? 😬🫠 #CalvinandHobbes

@joemoewin

Hmm. I think you are trying to say 'wow things have gotten so much faster even than that'.

But what if we read this comic to say, instead: people in 1995 talked like things were going super fast, and people in 2022 say the exact same things....

@davidribes
I agree, this is the productivity growth slowdown since the mid-2000s. Maybe high market power firms that innovate less.
@joemoewin
Untouchable firms: Market power, business dynamism, and productivity growth in the intangible economy

The slowdown of productivity growth, the decline of business dynamism, and the rise of market power and firm concentration are three trends that have attracted a lot of attention in academic and policy debates. This column points to the rising use of intangible inputs as a unified explanation for these trends. Firms with high intangible adoption disrupt sectors and initially boost productivity, but negatively affect the entry of new firms and suppress the effect of R&D on innovation and growth in the long run.

CEPR