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Why the Bonus Culture Will Spread

We are currently living through an explosion of measurement technology. Once only athletes, salespeople and investment bankers could be managed by metrics of their performance. But increasingly everyone is, as technology opens up deeper access to performance data. It makes us all better, but it also clearly leads to greater inequality.

That will make technology which measures performance a big part of the prosperity and inequality technology narrative in the next several decades.

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When you can measure output, you end up with performance-driven cultures. And performance-driven cultures create efficiency and good work—but also are linked to inequality.