a column by Łukasz Rachel for VOX: CEPR’s Policy Portal
How we spend our time is changing rapidly.
This column argues that an important driver is leisure-enhancing innovation, aimed at capturing our time, attention, and data.
Leisure-enhancing technologies can help account for both the rise in leisure hours and the decline in productivity observed across the industrialised world. Their nature carries important implications for the long-run viability of the platforms’ business models, for measurement of economic activity, and for welfare.
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