What everyone is ignoring is that financial speculation leaks into productivity numbers, and we went into a speculative boom during covid and have been in a speculative bust during this recent period.

This article and the chart within it reference the rate of change in productivity, but not the raw productivity number.

Without seeing those numbers, my assumption -- and what seems to be implied here -- is that productivity rose in early 2020 with remote work, and it is now dropping to pre-pandemic levels.