How is output measured? By numerics? Dollars? Libshit pixie dust?

If you were half as qualified as you claim to be you would have zero problem understanding this..

Bitcoin and stock options units
Giving and idea of how the situation is fucked.

Technological progress is the obvious one. If your output increased in 1995 when you were given a computer at work, would you expect a pay rise considering the firm had purchased the capital expenditure?

Simply put, your real output can increase without you personally having more skills or experience.

the at home computer revolution was the biggest training savings firms ever got. sit at a computer with an 18 year old vs a 60 year old. does this mean the profit should be given to workers, no, but it does offset the "the firm bought it so they keep all profit" point somewhat. people paid lots of money to stay current, now their children are starting 5 steps ahead and firms are reaping the benefits. IT costs are down as a result, training decreases every year for basic programs, etc. I wonder if employers even bother to post that Word and Excel are needed skills for office positions or if it's just assumed.

No you are wrong, computer cost peanuts compared to the skill of using it or to the cost of workspace.
I'm suspecting a typing machine was costing more in the 50's
The balance loss is coming from somewhere else.

I'm just answering the question posed on the graph. What's your point?



Technological progress. I used a computer as an example but you're wrong - they cost a fair amount with all the software packages, antivirus, insurance and maintenance.

You may have issues to discuss on this subject with me, better to warn you before...
So precisely the lack of balance appeared in the same lapse computers ops increased and architecture cost decreased.
In the same time financial markets got computerized.

>technology expenses per employee costs firms peanuts

that firms are reaping the benifits of an increase in both technology and technological knowledge that was paid for via public education. they paid for the computers, and taxpayers paid for word, excel, etc training for an entire generation to make them "work ready". yet workers haven't been compensated with anything but continued employment at best, and to be replaced by younger pre-trained people at worst.

now firms seek to take employment away from even the unskilled in record time. but that's another subject.