Productivity as a Double-Edged Sword

Fred Sampson's Radio Weblog has some comments about PeopleSoft's battle to fend off a hostile takeover from Oracle:

Buried in the [CNET News.com - Front Door] story is this claim by [PeopleSoft CEO Craig] Conway: "He said the 'jobless recovery' phenomenon is a direct result of the leaps in productivity that companies have made by using information technology, including the type that PeopleSoft develops."