Summary of The Key to Growth? Race with the Machines

Looking for the video?
We have the summary! Get the key insights in just 5 minutes.

The Key to Growth? Race with the Machines  summary
Start getting smarter:
or see our plans

Rating

8 Overall

9 Importance

9 Innovation

7 Style


Recommendation

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 and
  • How best to navigate “the new machine age.”
 

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.

 

Summary

History teaches that “general purpose technologies,” such as the steam engine and electricity, boost productivity – but only when “new work processes” evolve around them. ...

More on this topic

By the same author

Artificial Intelligence and Life in 2030
Artificial Intelligence and Life in 2030
9
The Second Machine Age
The Second Machine Age
8
Race Against the Machine
Race Against the Machine
7

Customers who read this summary also read

Don’t Fear Intelligent Machines. Work with Them
Don’t Fear Intelligent Machines. Work with Them
8
The Inevitable
The Inevitable
9
Only Humans Need Apply
Only Humans Need Apply
8
Driverless
Driverless
8
The Driver in the Driverless Car
The Driver in the Driverless Car
9
The Future of Design
The Future of Design
9

Related Channels

Comment on this summary