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
bump danger dark kinds level option people physical shared social talking
There's a dark side. In the physical world, I bump into all kinds of people by chance. But online, if recommenders were perfect, I can have the option of talking to only people who are just like me. There's a danger that if we don't have some level of shared interaction, it can be destructive to our social cohesion.
everybody produced recognize
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.
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.
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.
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.
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.
jobs technology creating
Technology is always creating jobs. It's always destroying jobs.
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.
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.
jobs becoming where-you-come
The kind of job where you come in and work 9 to 5, and where someone tells you what to do all day is becoming scarcer and scarcer.
years skills knowing
Knowing how to keep someone motivated and how to keep a connection are skills humans have learned and evolved over hundreds of thousands of years. A robot can't figure out whether you can do one more push-up, or how to motivate you to actually do it.
technology different benefits
Technology has made it easier for different firms to coordinate their activities with one another, and they don't have to be part of one company. They can get the benefits of scale without the inertia of scale.
flooded help people relying sort
We're just being flooded with content. And people are increasingly relying on recommenders to help them sort through it all.
almost delivered economics goods nearly zero
When goods are digital, they can be replicated with perfect quality at nearly zero cost, and they can be delivered almost instantaneously. Welcome to the economics of abundance.