this post was submitted on 24 Jul 2023
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Technology

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Why is technology not making us more productive? (www.bbc.com)
submitted 1 year ago by soyagi@yiffit.net to c/technology@lemmy.world
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[–] pickle_party247@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

The UK has a poor investment culture. Funds are concentrated into unproductive areas like landbanking and housing development because they have the largest return in our ridiculous property market, while investment into actual emerging technology development is neglected and the UK ends up as a client nation to the US.