Disruptive Quote by Janet Yellen
“Productivity growth, however it occurs, has a disruptive side to it. In the short term, most things that contribute to productivity growth are very painful.”
About This Quote
Source Speech: Economic Forum (unspecified) by Janet Yellen
Productivity gains often cause short‑term pain, despite long‑term benefits, creating disruption in economies and lives.
In simple terms: Growth can be painful at first.
Prepare for short‑term challenges.
Themes
Mood
Type
When to use this quote
- business restructuring
- career changes
- technology adoption
- policy reform
Key Concepts
Questions to Reflect On
- How can societies mitigate short‑term pain?
- Who should be supported during transitions?
It may ignore who who benefit from productivity and who bears the costs.