PART 2 - FOUR HIDDEN CHIMNEYS CHAPTER 10: BUILDING-BLOCK REALITY Symbiotic, Rather than Adversarial

"The U.S. IT sector’s contribution to TFP growth from 1988 to 2023 was more than five times its share of private-business value added."

The Chicago Fed explicitly concludes that IT's roughly 45% contribution to TFP growth was more than five times its roughly 8% value-added share.

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