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Erik Brynjolfsson Quotes: G.D.P. is not a measure of how much value is produced for consumers. Everybody should recognize that G.D.P. is not a welfare metric.
         

G.D.P. is not a measure of how much value is produced for consumers. Everybody should recognize that G.D.P. is not a welfare metric.


Erik Brynjolfsson
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Other quotes of Erik Brynjolfsson


Computers get better faster than anything else ever. A child's PlayStation today is more powerful than a military supercomputer from 1996.

Computers get better faster than anything else ever. A child's PlayStation today is more powerful than a military supercomputer from 1996.



We're rapidly entering a world where everything can be monitored and measured. But the big problem is going to be the ability of humans to use, analyze and make sense of the data.

We're rapidly entering a world where everything can be monitored and measured. But the big problem is going to be the ability of humans to use, analyze and make sense of the data.



What can we do to create shared prosperity? The answer is not to try to slow down technology. Instead of racing against the machine, we need to learn to race with the machine.

What can we do to create shared prosperity? The answer is not to try to slow down technology. Instead of racing against the machine, we need to learn to race with the machine.



Technology is not destiny. We shape our destiny.

Technology is not destiny. We shape our destiny.



Technology is always creating jobs. It's always destroying jobs.

Technology is always creating jobs. It's always destroying jobs.



The kind of job where you come in and work 9 to 5, and where someone tells you what to do all day is becoming scarcer and scarcer.

The kind of job where you come in and work 9 to 5, and where someone tells you what to do all day is becoming scarcer and scarcer.



Computers get better faster than anything else ever.

Computers get better faster than anything else ever.



The heart of science is measurement.

The heart of science is measurement.



Retailing has gone from an information-scarce to an information-rich environment.

Retailing has gone from an information-scarce to an information-rich environment.





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You'll find boredom where there is the absence of a good idea.

You'll find boredom where there is the absence of a good idea.



The first thing that a person finds in life and the last to which he holds out his hand, and the most precious that he possess, even if he does not realize it, is family life.

The first thing that a person finds in life and the last to which he holds out his hand, and the most precious that he possess, even if he does not realize it, is family life.



What most people don't understand about failure in innovation is that it's an investment. It's actually an investment in experience.

What most people don't understand about failure in innovation is that it's an investment. It's actually an investment in experience.



My parents were always clear with my brothers and I when we were growing up that you have to have the courage of your convictions and that when you commit to something you must fully commit.

My parents were always clear with my brothers and I when we were growing up that you have to have the courage of your convictions and that when you commit to something you must fully commit.



God wants to set the oppressed free from being oppressed and the oppressors free from oppressing.

God wants to set the oppressed free from being oppressed and the oppressors free from oppressing.



Why do 'slow down' and 'slow up' mean the same thing? Why is the third hand on the watch called the second hand?

Why do 'slow down' and 'slow up' mean the same thing? Why is the third hand on the watch called the second hand?



I advocate the modification of the '67 borders to let about half of the Israeli stay in Palestine.

I advocate the modification of the '67 borders to let about half of the Israeli stay in Palestine.



The question was a fashionable one, whether a definite line exists between psychological and physiological phenomena in human activity; and if so, where it lies?

The question was a fashionable one, whether a definite line exists between psychological and physiological phenomena in human activity; and if so, where it lies?



I have my mother's hips. The minute I eat it, it ends up on my hips.

I have my mother's hips. The minute I eat it, it ends up on my hips.



The hall-mark of American humour is its pose of illiteracy.

The hall-mark of American humour is its pose of illiteracy.




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This page presents the quote "G.D.P. is not a measure of how much value is produced for consumers. Everybody should recognize that G.D.P. is not a welfare metric.". Author of this quote is Erik Brynjolfsson. This quote is about consumers, metrics, welfare,.