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."
—Erik Brynjolfsson, The Second Machine Age (2014), p. 8, W. W. Norton & Company
On Economic Measurement in Digital Economy
"GDP and productivity statistics miss much of the value created by digital innovation."
—Erik Brynjolfsson, Machine, Platform, Crowd (2017), p. 124, W. W. Norton & Company
On Wealth Inequality and Technology
"The paradox of our age: we're awash in innovation but median income is stagnating."
—Erik Brynjolfsson, Race Against the Machine (2011), p. 37, Digital Frontier Press