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. — Erik Brynjolfsson Copy Share Image
“The greatest shortcoming of the human race is our inability to understand the exponential function.” —Albert A. Bartlett” — Erik Brynjolfsson Copy Share Image
“originated at the California research institute SRI International and was purchased by Apple in 2010, listened to what iPhone users were saying to it,… — Erik Brynjolfsson Copy Share Image
“Montessori classrooms emphasize self-directed learning, hands-on engagement with a wide variety of materials (including plants and animals), and a largely unstructured school day. And in recent years they’ve produced alumni including the founders of Google (Larry Page and Sergey Brin), Amazon (Jeff Bezos), and Wikipedia (Jimmy Wales). These examples appear to be part of a broader trend. Management researchers Jeffrey… — Erik Brynjolfsson Copy Share
“In fact, the ratio of CEO pay to average worker pay has increased from 70 in 1990 to 300 in 2005, and much of… — Erik Brynjolfsson Copy Share Image
“there’s never been a better time to be a worker with special skills or the right education, because these people can use technology to create and capture value. However, there’s never been a worse time to be a worker with only ‘ordinary’ skills and abilities to offer, because computers, robots, and other digital technologies are acquiring these skills and abilities… — Erik Brynjolfsson Copy Share
“Work saves a man from three great evils: boredom, vice, and need.” — Erik Brynjolfsson Copy Share Image
“Kodak made its founder, George Eastman, a rich man, but it also provided middle-class jobs for generations of people and created a substantial share… — Erik Brynjolfsson Copy Share Image
Knowing how to keep someone motivated and how to keep a connection are skills humans have learned and evolved over hundreds of thousands of… — Erik Brynjolfsson Copy Share Image
“The many years that we all spend in schools learning skills like reading, writing, and arithmetic—as well as the additional learning that happens on… — Erik Brynjolfsson Copy Share Image
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… — Erik Brynjolfsson Copy Share Image
“Steven Pinker puts it, “The main lesson of thirty-five years of AI research is that the hard problems are easy and the easy problems… — Erik Brynjolfsson Copy Share Image
