Hours worked vs Income - Deepstash
Digital Wellbeing

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Digital Wellbeing

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Hours worked vs Income

Hours worked vs Income

The average working hours have declined only 6 percent, while income has increased at a decent rate per year.

The economy has actually grown even after automation, due to the addition of workers.

36

321 reads

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Usefulness of Technology

Usefulness of Technology

Smartphones and the internet haven't provided a sharp increase in productivity, as compared to the other revolutionary inventions like Television, Air-conditioning or Jet Planes.

40

432 reads

The Solow Paradox

The Solow Paradox

The Solow Paradox suggests that automation and computerization aren't taking our jobs, but are adding to our overall workload, taking away our leisure time.

52

398 reads

The Automation Myth

The Automation Myth

For decades, we have believed that automation and huge leaps in technology will take away most of our jobs and there will be widespread unemployment.

A new study shows that this belief is incorrect. Job growth and living standards have continued to rise on an average scale.

42

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Past predictions about the average working hours

Past predictions about the average working hours

Nearly a century ago, British economist John Keynes predicted this generation would only work 15 hours a week.

In 1890, workers worked an average of 60 hours per week. By 1890, the average working hours dropped to 37. However, by the 1970s, the downward trend of working hours had turne...

The Compounding Effect of News

Heart disease has declined 1.5 percent per year, and if that news is on the internet, it is not likely to go viral. But what is overlooked is the compounding effect, which is invisible in the short run, and only noticeable after 15 to 20 years.

Remote working vs working in an office

While there are many benefits to working from home, we need to be aware of a few things.

  • Remote workers may be working on average 3.13 more hours at home than at work. Over time, it can become detrimental to your mental health and your productivity.
  • ...

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