Links #5: 2026/07

LessWrong's weekly links digest highlights an economic puzzle in the developed world: worker pay and productivity have decoupled. Across the United States, Europe, and Japan, wages are growing far more slowly than the goods and services employees produce. The digest identifies two causes: large corporations are gaining market power over workers, crushing bargaining leverage, and labor's share of GDP is declining. Economic theory long assumed that workers would share in the benefits of new technology, but the divergence suggests those gains are increasingly concentrated elsewhere.

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