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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
Tech

Stop Checking Your Phone, You’re Killing the Economy

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Aaron Pressman
Aaron Pressman
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By
Aaron Pressman
Aaron Pressman
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April 6, 2016, 9:29 AM ET
Google Cloud Event With VP Of Operations Urs Holzle
The silhouette of an attendee is seen checking his mobile phone prior to a Google Inc. Cloud event in San Francisco, California, U.S., on Thursday, March 25, 2014. Google Inc. cut prices on some Internet-based services for businesses by 30 percent or more, stepping up a challenge to Amazon.com Inc. and Microsoft Corp. in cloud computing. Photographer: David Paul Morris/Bloomberg via Getty ImagesPhotograph by David Paul Morris — Bloomberg via Getty Images
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The growth of worker productivity in the United States has all but ground to a halt, rising just 0.3% on average per year from 2010 to 2015. Economists have a million hypotheses—everything from a decline in technological innovation to the hangover from the Great Recession from 2007 to 2009.

But Georgetown computer science professor Cal Newport has done his own calculations and he’s blaming one of the most commonly used smartphone apps on the planet: email. Well, email and all the other communications apps we can’t seem to put down like Facebook, Snapchat, Instagram, and all the rest.

“The period between 2010 to 2015 is when smartphone use transitioned from popular to ubiquitous (I bought my first smartphone in 2012), and with this transition new expectations about constant connectivity migrated from the social sphere to the workplace,” Newport writes in a blog post on Wednesday. “Not surprisingly, many in the knowledge sector (and beyond) talk about the last five years as a tipping point where their annoyance with their various inboxes metastasized to deep, soul crushing resentment.”

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There’s plenty of research to back up the professor’s point that the human brain doesn’t multitask very well, doesn’t really multitask at all, and that the cost of all that constant phone checking is diminished focus and lower productivity.

So what is Newport’s solution? Stepping back from the phone.

“Just because constant connectivity has become the standard approach to work doesn’t mean that it’s good,” he writes. “The time has come, in other words, to step back from this inbox-driven world we’ve created and ask with clarity and humility: does this make any sense?”

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