Economist:Erik Brynjolfsson: Difference between revisions
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=== On Productivity Paradox in Digital Age === | === On Productivity Paradox in Digital Age === | ||
"We're living in the age of the second machine age, where digital technologies are doing for mental power what steam did for muscle power."<ref name="ref_2014_p8_1">Erik Brynjolfsson, ''The Second Machine Age'' (2014), p. 8, W. W. Norton & Company</ref> | |||
=== On Economic Measurement in Digital Economy === | === On Economic Measurement in Digital Economy === | ||
"GDP and productivity statistics miss much of the value created by digital innovation."<ref name="ref_2017_p124_1">Erik Brynjolfsson, ''Machine, Platform, Crowd'' (2017), p. 124, W. W. Norton & Company</ref> | |||
=== On Wealth Inequality and Technology === | === On Wealth Inequality and Technology === | ||
"The paradox of our age: we're awash in innovation but median income is stagnating."<ref name="ref_2011_p37_1">Erik Brynjolfsson, ''Race Against the Machine'' (2011), p. 37, Digital Frontier Press</ref> | |||
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=== On Human Capital in Age of AI === | === On Human Capital in Age of AI === | ||
"We're racing with machines, not against them."<ref name="ref_2013_1">Erik Brynjolfsson, ''TED Talk'' (2013), February 26, 2013</ref> | |||
=== On Intangible Assets and Valuation === | === On Intangible Assets and Valuation === | ||
"The biggest economic story of our time is the transformation from atoms to bits."<ref name="ref_2014_1">Erik Brynjolfsson, ''MIT Sloan Management Review'' (2014), January 21, 2014, "The Second Machine Age"</ref> | |||
=== On Economic Measurement in Digital Economy === | === On Economic Measurement in Digital Economy === | ||
"Productivity growth is happening, but it's disguised by free digital goods."<ref name="ref_2019_1">Erik Brynjolfsson, ''Harvard Business Review'' (2019), November 15, 2019, "The Productivity Paradox of the Digital Economy"</ref> | |||
Revision as of 20:39, 12 August 2025
Erik Brynjolfsson
Biography
Director of the MIT Initiative on the Digital Economy, professor at MIT Sloan.
School of Thought
Digital Economics
Notable Quotes
On Productivity Paradox in Digital Age
"We're living in the age of the second machine age, where digital technologies are doing for mental power what steam did for muscle power."[1]
On Economic Measurement in Digital Economy
"GDP and productivity statistics miss much of the value created by digital innovation."[2]
On Wealth Inequality and Technology
"The paradox of our age: we're awash in innovation but median income is stagnating."[3]
References
Additional Notable Quotes
On Human Capital in Age of AI
"We're racing with machines, not against them."[1]
On Intangible Assets and Valuation
"The biggest economic story of our time is the transformation from atoms to bits."[2]
On Economic Measurement in Digital Economy
"Productivity growth is happening, but it's disguised by free digital goods."[3]