Economist:Erik Brynjolfsson
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]
On Human Capital in Age of AI
"We're racing with machines, not against them."[4]
On Intangible Assets and Valuation
"The biggest economic story of our time is the transformation from atoms to bits."[5]
On Economic Measurement in Digital Economy
"Productivity growth is happening, but it's disguised by free digital goods."[6]
References
- ↑ Erik Brynjolfsson, The Second Machine Age (2014), p. 8, W. W. Norton & Company
- ↑ Erik Brynjolfsson, Machine, Platform, Crowd (2017), p. 124, W. W. Norton & Company
- ↑ Erik Brynjolfsson, Race Against the Machine (2011), p. 37, Digital Frontier Press
- ↑ Erik Brynjolfsson, TED Talk (2013), February 26, 2013
- ↑ Erik Brynjolfsson, MIT Sloan Management Review (2014), January 21, 2014, "The Second Machine Age"
- ↑ Erik Brynjolfsson, Harvard Business Review (2019), November 15, 2019, "The Productivity Paradox of the Digital Economy"