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
becoming clients job less next sure whether
The kind of job where you have to hustle and hustle and where you're not sure whether you will have enough clients next month, where you have less job security, is becoming much more common.
affecting excited nearly work
When I first started doing work on how the Internet is affecting commerce, like a lot of people, I was really excited by this nearly perfect market.
destroying technology
Technology has always been destroying jobs, and it has always been creating jobs.
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.
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.
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.
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.
benefit everybody gets goes majority people pie possible says share
Some people think it's a law that when productivity goes up, everybody benefits. There is no economic law that says technological progress has to benefit everybody or even most people. It's possible that productivity can go up and the economic pie gets bigger, but the majority of people don't share in that gain.