One framing I keep coming back to is this: productivity is what lets an economy grow without every expansion turning into inflation. Three quick checks before you act: 1. Name the mechanism in plain English: When output per worker rises, wages and profits can improve with less pressure on prices. 2. Say why it matters for behavior or portfolio decisions: That is why productivity is not just an academic series. It shapes the room policymakers have. 3. Set the review question: A useful review question is which funding, incentive or cash-flow channel is actually doing the work. In practice: A technology wave only becomes macro-relevant when it changes business throughput, not just investor imagination. Watch for: The usual mistake is confusing adoption excitement with measured productivity gains. A lot of confusion disappears once you separate the headline from the mechanism.