Are you claiming productivity should be growing much more slowly then it is over the past few months or years? Can you show me any analysis that supports that claim?
Because I have seen plenty of analysis published in the past 30 years that puzzle over the productivity growth stagnation in the face of an exponential growth in capital expenditure in computer technology.
So by all means share with me some of the groundbreaking results showing that we can finally see more productivity growth than would be otherwise expected by the conjecture.