The IT contribution to productive growth

Ross Gittins, in Ready to receive a techs message, argues that the large productivity gains of a decade ago may have mostly been the result of technology improvements rather than microeconomic reforms:

Particularly over the longer term, the primary driver of multi-factor productivity improvement - and the rise in material living standards it brings - is technological advance. That's why it never ceases to surprise me how little interest most economists take in technology and innovation.