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Quote by 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.”

Quote by Erik Brynjolfsson

Author

Erik Brynjolfsson

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. more

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“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

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“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

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“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.”

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“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

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“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.”

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

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

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“Computers get better faster than anything else ever.”

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“The heart of science is measurement.”

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“Another myth we fed to the public through the media was that legalizing abortion would only mean that the abortions taking place i1legally would then be done legally. In fact, of course, abortion is now being used as a primary method of birth control in the U.S. and the annual number of abortions has increased by 1,500 percent since legalization.”

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