Erik Brynjolfsson Quote
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
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.
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About Erik Brynjolfsson
Erik Brynjolfsson (born 1962) is an American academic, author and inventor. He is the Jerry Yang and Akiko Yamazaki Professor and a Senior Fellow at Stanford University where he directs the Digital Economy Lab at the Stanford Institute for Human-Centered AI, with appointments at SIEPR, the Stanford Department of Economics and the Stanford Graduate School of Business. He is also a research associate at the National Bureau of Economic Research and a best-selling author of several books. From 1990 to 2020, he was a professor at MIT.
Brynjolfsson is known for his contributions to the world of IT productivity research and work on the economics of information, the economics of AI, and the digital economy more generally. According to Martin Wolf, "No economist has done more to promote the revolutionary implications of information technology than MIT’s Erik Brynjolfsson."
Brynjolfsson is known for his contributions to the world of IT productivity research and work on the economics of information, the economics of AI, and the digital economy more generally. According to Martin Wolf, "No economist has done more to promote the revolutionary implications of information technology than MIT’s Erik Brynjolfsson."