Retailing has gone from an information-scarce to an information-rich environment.
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.
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.
Technology is not destiny. We shape our destiny.
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.
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.
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No matter where you hide your emotions, a good book brings it out.
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We have to re-invent socialism. It can't be the kind of socialism that we saw in the Soviet Union, but it will emerge as we develop new systems that are built on cooperation, not competition.
Even the voters behind Donald Trump and Hillary Clinton, for the most part, do not support them, but actually are mostly afraid of the other candidate.
I think people have problems sometimes when things are too general. In fact, they are not really general at all.
There is always one way to make anybody do anything - the trouble is to find it.
Sometimes it's worth getting lost to see who will come looking for us.
President Murabak has been a U.S. ally for decades. He was a guarantor of some degree of peace in the Middle East and has kept a good relationship with the Western world.
