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
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. — 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
