DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Older Tech's Hidden Cost: Productivity Drag
Older Tech's Hidden Cost: Productivity Drag

Older Tech's Hidden Cost: Productivity Drag

Update: 2025-11-23
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Description

The podcast explores the growing trend of Americans keeping their smartphones for longer periods, now averaging twenty-nine months. This shift, driven by rising costs and sustainability concerns, is causing productivity losses due to outdated devices. Heather Mitchell, a retiree, exemplifies this issue. The device resale and refurbishment market sees this as an opportunity for a sustainable circular economy, but finding the balance between affordability, sustainability, and efficiency remains a challenge.

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Older Tech's Hidden Cost: Productivity Drag

Older Tech's Hidden Cost: Productivity Drag