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Quote by 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.”

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

“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