“Holmstrom and P. Milgrom, “Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design,” Journal of Law, Economics & Organization 7, no. 24 (1991).” — Erik Brynjolfsson Copy Share Image
“creation of true machine intelligence and the connection of all humans via a common digital network, transforming the planet’s economics. Innovators” — Erik Brynjolfsson Copy Share Image
“When significant numbers of people see their standards of living fall despite an ever-growing economic pie, it threatens the social contract of… — Erik Brynjolfsson Copy Share Image
When goods are digital, they can be replicated with perfect quality at nearly zero cost, and they can be delivered almost instantaneously.… — Erik Brynjolfsson Copy Share Image
“Capitalism allocates resources, generates innovation, rewards effort, and builds affluence with high efficiency, and these are extraordinarily important things to do well… — 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… — Erik Brynjolfsson Copy Share Image
“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… — Erik Brynjolfsson Copy Share Image
“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