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Erik Brynjolfsson

Erik Brynjolfsson Books

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Erik Brynjolfsson is a renowned academic researcher, born on April 14, 1962. He is a professor at the Sloan School of Management at MIT and also serves as the deputy director of the MIT Media Lab. Brynjolfsson is known for his research on the impact of information technology on the economy, particularly in analyzing the effects of big data and information technology on productivity, employment, and income distribution.

Race Against the Machine: How the Digit...

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“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.”

Kind Jobs Community Middle Example Design Easier Tasks Handle Routine Artificial Intelligence Software Artificial Robots Intelligence Community

Author: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.”

Use Age Ability Brain Environment Shapes Computer Machines Muscles Digital Engines Our Environment Steam Descendants Mental Power Steam Engines

Author: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.”

World Humans Use Problem Bigs Ability Data Make Sense Entering Big Problems

Author: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.”

Ideas Opportunity Individual Process Innovation Deeper Rely Pool Combining

Author: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.”

Years Humans Can Do Knowing Figures Skills Connections Motivated Robots Push Ups

Author: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.”

Made Different Company Technology Easier Activity Benefits Scales Made It Firm Inertia Coordinates

Author: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.”

Kind Jobs Becoming Where You Come

Author: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.”

Purpose Growth Technology Economic Example Innovation Engines Factories Electricity Economic Growth Steam Complementary Cascade Steam Engines Redesign

Author: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.”

Should Values Consumers Welfare Metrics

Author:Erik Brynjolfsson

“Technology is always creating jobs. It's always destroying jobs.”

Jobs Technology Creating Destroying Creating Jobs

Author:Erik Brynjolfsson

“Retailing has gone from an information-scarce to an information-rich environment.”

Gone Rich Environment Information Scarce Retailing

Author:Erik Brynjolfsson

“Computers get better faster than anything else ever.”

Computer Faster Get Better Playstation

Author:Erik Brynjolfsson

“The heart of science is measurement.”

Heart Measurement

Author:Erik Brynjolfsson

“Technology is not destiny. We shape our destiny.”

Destiny Technology Shapes Our Destiny

Author:Erik Brynjolfsson

“Technology is always creating jobs. It's always destroying jobs. But right now the pace is accelerating. It's faster we think than ever before in history. So as a consequence, we are not creating jobs at the same pace that we need to.”

Thinking Needs Jobs Technology Right Now Creating Consequence Faster Pace Destroying Creating Jobs

Author:Erik Brynjolfsson

“Before information age, living standards basically were flat. Since then, they've been growing 2 percent a year were about 30 times richer. So technology, machines is really, you know, arguably the most important thing that's happened to humanity in terms of our living standards. You could look to the introduction of digital computers in the 1950s.”

Important Age Humanity Term Technology Computer Introduction

Author:Erik Brynjolfsson

“Machines already are much smarter than us at so many things. I mean, try to multiply two 10-digit numbers with each other or, you know, sift through a thousand documents. So there's lots of things that machines are better at including in mental task than us. There's many more that they're not as good at, but the direction is pretty obvious and the progress is clear.”

Trying Mean Progress Obvious

Author:Erik Brynjolfsson

“Computers get better, faster than anything else ever. A child's PlayStation today is more powerful than a military supercomputer from 1996. But our brains are wired for a linear world. As a result, exponential trends take us by surprise. I used to teach my students that there are some things, you know, computers just aren't good at like driving a car through traffic.”

World Today Powerful Brain Teach Military Car Students Computer Surprise Driving Get Better

Author:Erik Brynjolfsson

“The economy in the next 20 to 25 years is going to change more than they did in the last 20, 25 years. And that's because exponential trends are affecting a bigger and bigger share of the economy. So we have some huge disruptions in store, and I can't predict exactly what the innovations are going to be. If I did, I would have already invented them. But I think they'll be comparable to the innovations we saw in the past 20, 25 years if not greater.”

Thinking Past Economy Share Innovation

Author:Erik Brynjolfsson

“It's most useful to think about not jobs but tasks. And within any given job, there are lots of different tasks. If you're a radiologist maybe reading the images machines can be able to do that better, maybe making the broader diagnosis and communicating it to the patients.”

Thinking Different Reading Patient Communicate

Author:Erik Brynjolfsson

“For a long time, the humans are going to be better than the machines and so different parts of the job will be leveraged. In a way that's happened for centuries, and we've adapted. And it's made the people who had parts of their jobs automated more valuable and more productive to the extent that they are essential for the other components of their jobs.”

People Long Different Valuable Productive

Author:Erik Brynjolfsson

“Going a little further into the future, we'll start literally connecting to machines. Some of my colleagues at MIT here - some of them are working on a neural mesh that connects directly to your brain, and they've already done it with some disabled people and allowed them to move objects just by thinking.”

People Thinking Done Moving Brain

Author:Erik Brynjolfsson

“In the global millennium goals, we're on track to beat and eliminate severe poverty. So there are lots of positive trends. I think the world in 25 years could be a much better version of the world we have today. But the role of humans would still be fundamentally at the center of that.”

Thinking World Today Goal Poverty Track

Author: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.”

Needs Trying Answers Race Technology Machines Prosperity Racing Slow Down

Author:Erik Brynjolfsson

“Computers get better faster than anything else ever. A child's PlayStation today is more powerful than a military supercomputer from 1996.”

Children Today Powerful Technology Military Computer Faster Get Better Playstation Supercomputers

Author: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.”

Source: Race Against the Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy

About the Author

Born: April 14, 1962
Known for: Academic
Quotes: 26

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