Andrew McAfee

“Our world is increasingly complex, often chaotic, and always fast-flowing. This makes forecasting something between tremendously difficult and actually impossible, with a…

— Andrew McAfee

The world is one big data problem.

— Andrew McAfee

“Getting rid of human judgments altogether—even those from highly experienced and credentialed people—and relying solely on numbers plugged into formulas, often yields…

— Andrew McAfee

“Because we humans are so fond of our judgment, and so overconfident in it, many of us, if not most, will be…

— Andrew McAfee

The changes are coming so quickly it's been difficult for workers to retrain themselves and for entrepreneurs to figure out where the…

— Andrew McAfee

“Algorithms are simplifications; they can't and don't take everything into account (like a billionaire uncle who has included the applicant in his…

— Andrew McAfee

Just in the past couple years, we've seen digital tools display skills and abilities that ... eat deeply into what we human…

— Andrew McAfee

“Owners of premium brands can charge more for their offerings, but the owners of two-sided networks want to pay to sellers as…

— Andrew McAfee

“Good decisions are critical to well-functioning societies:”

— Andrew McAfee

“Electrification was one of the most disruptive technologies ever; in the first decades of the twentieth century, it caused something close to…

— Andrew McAfee

Don't anthropomorphize computers -- they hate it.

— Andrew McAfee

“The platform can also use the extensive tool kit of revenue management techniques to shape which suppliers each buyer sees, and how…

— Andrew McAfee

“Pricing strategies for two-sided networks can be aggressive and seemingly nonsensical if you don’t understand their peculiar economics. In particular, changes in…

— Andrew McAfee

“Another huge advantage that humans have is good old common sense.”

— Andrew McAfee