In this paper, we make the case that the high-productivity digital firms are starting to generate a new middle class. It’s a virtuous circle. Consumers flock to those firms because they offer lower prices and better service. Workers migrate there from low-productivity firms because the high-productivity firms offer better wages for the same occupations—and, often, […]

The Google repository

I’ve been reading how Google organizes its codebase: they maintain a hyper-large repository containing everything, since the beginning of the company. I guess you may find Gmail, Photos, or AdWords there. You won’t find Android or Chrome, though – these are open source projects. The repository is 86Tb of data, 1 billion of files, and 35 billion […]

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