Erik Brynjolfsson
Erik Brynjolfsson
Erik Brynjolfssonis an American academic, and Schussel Family Professor of Management at the MIT Sloan School of Management, the Director of the MIT Initiative on the Digital Economy, Director of the MIT Center for Digital Business and a Research Associate at the National Bureau of Economic Research, known for his contributions to the world of IT Productivity research and work on the economics of information more generally...
NationalityAmerican
ProfessionEducator
CountryUnited States of America
technology innovation growth
Electricity is an example of a general purpose technology, like the steam engine before it. General purpose technologies drive most economic growth, because they unleash cascades of complementary innovations, like lightbulbs and, yes, factory redesign.
metrics welfare should
G.D.P. is not a measure of how much value is produced for consumers. Everybody should recognize that G.D.P. is not a welfare metric.
jobs technology creating
Technology is always creating jobs. It's always destroying jobs.
information gone environment
Retailing has gone from an information-scarce to an information-rich environment.
get-better computer faster
Computers get better faster than anything else ever.
heart measurement
The heart of science is measurement.
opportunity ideas innovation
Because the process of innovation often relies heavily on the combining and recombining of previous innovations, the broader and deeper the pool of accessible ideas and individuals, the more opportunities there are for innovation.
destiny technology shapes
Technology is not destiny. We shape our destiny
jobs design community
There are lots of examples of routine, middle-skilled jobs that involve relatively structured tasks, and those are the jobs that are being eliminated the fastest. Those kinds of jobs are easier for our friends in the artificial intelligence community to design robots to handle them. They could be software robots; they could be physical robots.
brain age machines
Now comes the second machine age. Computers and other digital advances are doing for mental power-the ability to use our brains to understand and shape our environments-what the steam engine and its descendants did for muscle power.
team race people
But the broader lesson of the first Industrial Revolution is more like the Indy 500 than John Henry: economic progress comes from constant innovation in which people race with machines. Human and machine collaborate together in a race to produce more, to capture markets, and to beat other teams of humans and machines.
technology race racing
What can we do to create shared prosperity? The answer is not to try to slow down technology. Instead of racing against the machine, we need to learn to race with the machine.
children powerful military
Computers get better faster than anything else ever. A child's PlayStation today is more powerful than a military supercomputer from 1996.