The New Machine Age

machines“Current economic troubles are sometimes misdiagnosed as the end of innovation, but they are actually the growing pains of … the new machine age.”

As machines take on more jobs many people find themselves out of work. Is this the end of growth? No, says Erik Brynjolfsson,  Professor of Management at the MIT Sloan School of Management. He says it is simply the growing pains of a radically reorganized economy. Brynjolfsson know what he talks about. He has made important contributions to computers and productivity research and his writings has been recognized with nine "best paper" awards by fellow academics.

In the TED Talk below, Brynjolfsson goes on to present a riveting case for why big innovations are ahead of us, if we think of computers as our teammates, and then he examines the effects of information technologies on business strategy, productivity and employment. It is a fascinating speech by a great mind.

The Race with the Machines

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