Summary of The Key to Growth? Race with the Machines

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The Key to Growth? Race with the Machines  summary
Don’t race against machines; make them your teammates and enjoy the next burst of economic growth.

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Technological advances have given a hefty boost to productivity. So why are so many people out of work, and why are incomes plummeting? MIT professor and information technology expert Erik Brynjolfsson explains the “decoupling” of productivity and employment in what getAbstract considers an edifying TED Talk. His message is optimistic: If humans enter the race with machines as their teammates, and not their opponents, they’ll go far.

In this summary, you will learn

  • How computer technology has affected productivity, employment and economic growth
  • What implications “decoupling” productivity from employment carries
  • How best to navigate “the new machine age.”
 

Summary

History teaches that “...
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About the Speaker

Erik Brynjolfsson teaches at the MIT Sloan School of Management. He is director of the MIT Center for Digital Business and chairman of the MIT Sloan Management Review.


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