Erik Brynjolfsson famous quotes
Last updated: Sep 5, 2024
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Computers get better faster than anything else ever. A child's PlayStation today is more powerful than a military supercomputer from 1996.
-- Erik Brynjolfsson -
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.
-- Erik Brynjolfsson -
Computers get better faster than anything else ever.
-- Erik Brynjolfsson -
Retailing has gone from an information-scarce to an information-rich environment.
-- Erik Brynjolfsson -
Technology is always creating jobs. It's always destroying jobs.
-- Erik Brynjolfsson -
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.
-- Erik Brynjolfsson -
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.
-- Erik Brynjolfsson -
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.
-- Erik Brynjolfsson -
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.
-- Erik Brynjolfsson -
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.
-- Erik Brynjolfsson -
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.
-- Erik Brynjolfsson -
We're rapidly entering a world where everything can be monitored and measured. But the big problem is going to be the ability of humans to use, analyze and make sense of the data.
-- Erik Brynjolfsson -
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.
-- Erik Brynjolfsson -
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.
-- Erik Brynjolfsson -
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.
-- Erik Brynjolfsson
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