Irving Wladawsky-Berger

The Evolution of Shopping in the Digital Economy

Irving Wladawsky-Berger

Earlier this year, The Economist published a special report on The Future of Shopping , with nine articles on the subject.

Data 269

Why Do We Work So Damn Much?

Irving Wladawsky-Berger

A few weeks ago, I listened to a very interesting podcast, Why Do We Work So Damn Much? where podcast host, NY Times columnist Ezra Klein , interviewed anthropologist James Suzman.

Issues 195
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The Three Types of AI: Artificial, Authentic, and Augmented Intelligence

Irving Wladawsky-Berger

“The history of work - particularly since the Industrial Revolution - is the history of people outsourcing their labor to machines,” notes a recent article in the Harvard Business Review, - AI Should Augment Human Intelligence, Not Replace It , - by National University of Singapore professor David De Cremer and chess grandmaster Garry Kasparov.

Types 263

The Evolving Role of the CIO

Irving Wladawsky-Berger

“CIOs and other technology leaders have led heroic work to help their companies stay in business during the pandemic,” said a recent report, Pilots, co-pilots, and engineers : Digital transformation insights from CIOs for CIOS.

Data 219

The Post-Pandemic Future of Work: An Optimistic Outlook

Irving Wladawsky-Berger

Issues 240

Understanding the Impact of Cybersecurity on International Trade

Irving Wladawsky-Berger

The explosive success of the Internet in the 1990s led to a historical transition from the industrial age of the past two centuries to an economy and society increasingly based on global, digital interactions.

Why Our Judgements Are Often Flawed and What to Do About It

Irving Wladawsky-Berger

A few weeks ago I listened to a very interesting Freakonomics podcast hosted by University of Chicago economist Steven Levitt.

Data 142

The Coming Era of Productivity Growth

Irving Wladawsky-Berger

“The last 15 years have been tough times for many Americans, but there are now encouraging signs of a turnaround,” wrote economists Erik Brynjolfsson and Georgios Petropoulos in The Coming Productivity Boom , a recent opinion article in the MIT Technology Review.

The New Joint Cyber Defense Collaborative

Irving Wladawsky-Berger

Following World War II and the onset of the Cold War with the Soviet Union, the US undertook a series of measures to strengthen the resilience of the nation.

Business and Technology Predictions for 2021 and Beyond

Irving Wladawsky-Berger

Earlier this year, I attended Predictions 21 , an online event organized by Forrester Research to help companies understand the key business and technology dynamics that will shape 2021 and beyond.

The Transformation of Logistics in the Retail Industry

Irving Wladawsky-Berger

In the spring of 2018, MIT launched the Work of the Future Task Force to understand the impact of our increasingly intelligent machines on the future of work, and how to best harness these technological innovations for social benefit.

The Urgent Need for Wide-Scale Upskilling

Irving Wladawsky-Berger

Few topics are as important as the future of work in our 21st century digital economy.

Skills 224

Revitalizing US Manufacturing

Irving Wladawsky-Berger

“The COVID-19 pandemic has underscored manufacturing’s role in providing products that are critical to health, safety, national security, and the continuity of multiple industries,” said McKinsey in a recent discussion paper, Building a More Competitive US Manufacturing Sector. “It

The Current State of AI Adoption

Irving Wladawsky-Berger

For the past few years, McKinsey has been conducting a yearly online survey to help assess the state of AI adoption. The 2019 survey garnered responses from over 2,300 companies, and found that AI was becoming more mainstream, with nearly 80% of the responding companies using AI in some capacity.

The Increasing Influence of Recommendation Systems in Our Everyday Lives

Irving Wladawsky-Berger

A few years ago, I attended a seminar by University of Toronto professor Avi Goldfarb on the economic value of AI. Goldfarb explained that the best way to assess the impact of a new radical technology is to look at how the technology reduces the cost of a widely used function.

System 220

The Current State of Cloud Computing

Irving Wladawsky-Berger

In June, 2008 I gave a talk at a conference on The Promise and Reality of Cloud Computing. In his closing remarks , the conference organizer noted that most everyone had agreed that something big and profound was going on, but they weren’t quite sure what it was they were excited about.

Data 217

The Emergence of Central Bank Digital Currencies

Irving Wladawsky-Berger

Bitcoin was created in October of 2008 with the release of Bitcoin: A Peer-to-Peer Electronic Cash System , the original design paper which also introduced the blockchain architecture.

The Social Network Is the Computer

Irving Wladawsky-Berger

“Human beings have always been a social species,” writes MIT professor Sinan Aral in the opening paragraph of The Hype Machine , his recently published book. “We’ve been communicating, cooperating, and coordinating with one another since we were hunting and gathering.”

Will AI Ever Be Smarter Than a Baby?

Irving Wladawsky-Berger

I recently listened to a fascinating podcast where NY Times columnist Ezra Klein interviewed Berkeley psychologist Aliston Gopney. Professor Gopney is best known for her research in cognitive science , particularly the study of children’s learning and development.

Data 184

The Changing Nature of the Liberal Arts in the Digital Economy

Irving Wladawsky-Berger

What is meant by the liberal arts? Here is a succinct dictionary definition : “The academic course of instruction intended to provide general knowledge and usually comprising the arts, humanities, natural sciences, and social sciences, as opposed to professional or technical subjects.”

Change 196

A Biological Framework for the Study of Labor Market Resilience

Irving Wladawsky-Berger

I recently read Universal Resilience Patterns in Labor Markets , - an article published earlier this year in Nature Communications by members of MIT Connection Science and the Max Planck Institute for Human Development.

Study 172

Trends That Will Likely Shape a Highly Uncertain Year

Irving Wladawsky-Berger

A few weeks ago The Economist published The World in 2021 , it’s 35th annual look at the economic, political, social and cultural trends that will likely shape the coming year.

Trends 208

Is Work-from-Anywhere Here to Stay?

Irving Wladawsky-Berger

Remote work has been around for a few decades, but took off in the mid-late 1990s with the explosive growth of the Internet. There were predictions that the Internet would lead to the decline of cities , because technology was making location less relevant to our work and personal lives.

Ten IT Predictions for the Post-Pandemic New Normal

Irving Wladawsky-Berger

Cloud's Trillion Dollars 2030 Potential

Irving Wladawsky-Berger

“Thanks in part to cloud, Moderna was able to deliver the first clinical batch of its vaccine candidate (mRNA-1273) to the US National Institute of Health for phase one trials just 42 days after the initial sequencing of the virus,” wrote the authors of a recent McKinsey article, - Cloud’s trillion dollar prize is up for grabs.

Data 162

Building Better Jobs in an Age of Intelligent Machines

Irving Wladawsky-Berger

On November 18, the MIT Task Force on the Work of the Future released its final report , The Work of the Future: Building Better Jobs in an Age of Intelligent Machines.

Data 216

AI Is Mostly About Business Value, Not Technology

Irving Wladawsky-Berger

A few months ago, Babson College professor Tom Davenport convened a virtual meeting of chief data and analytic officers (CDAO) from a variety of industries to discuss how to best achieve a return on investments (ROI) in AI. “We

Can We Look Forward to a New Decade of Innovation?

Irving Wladawsky-Berger

Can we look forward to a new decade of innovation, asked The Economist in its January 16 issue. The 2010s were marked by pessimism about innovation,” notes the issue’s overview article.

Leveraging Cloud Computing to Enhance the Nation’s Cybersecurity

Irving Wladawsky-Berger

There’s clearly an urgent need to significantly improve the security and resilience of IT systems and applications in light of the growing threat of cyberattacks, which FBI director Christopher Wray recently compared to addressing the challenge of global terrorism following the 9/11 attack.

What Might the World Be Like in 2040?

Irving Wladawsky-Berger

The mission of the National Intelligence Council (NIC) is to lead intelligence integration and long-term strategic thinking across a wide variety of sources, including the US Intelligence Community , policy makers, and experts in academia and the private sector.

Trends 146

New Directions for Government in the Digital Age

Irving Wladawsky-Berger

Over the past few decades, economies and societies around the world have been going through historical transformations as they transition from the industrial age of the past two centuries to a 21st century digital age.

How Covid Is Reordering the Global Economy

Irving Wladawsky-Berger

What Is Objective Reality?

Irving Wladawsky-Berger

I learned about The Constitution of Knowledge , - a 2018 National Affairs essay by author and journalist Jonathan Rauch , - from a recent OpEd by NY Times columnist David Brooks.

Issues 181

The Post-Pandemic Outlook for Technology, Jobs, and Skills

Irving Wladawsky-Berger

“The COVID-19 pandemic-induced lockdowns and related global recession of 2020 have created a highly uncertain outlook for the labour market,” said the World Economic Forum (WEF) in The Future of Jobs Report 2020.

Skills 154

How to Emerge Stronger in the Post-Pandemic New Normal

Irving Wladawsky-Berger

“What now?,” asked a recent McKinsey article on the implications of Covid for business. “Over the past six months, they have reorganized supply chains, set up remote operations, and made tough financial decisions.

How To 182

May the Network Force Be With You

Irving Wladawsky-Berger

May the Force Be With You has become part of popular culture since the words were first uttered in the 1977 Star Wars film.

Why Business Transformation Efforts Often Fail

Irving Wladawsky-Berger

A 2019 study found that the average digitization level across all industry sectors was only around 25% of their ultimate potential. But, t he pandemic has now made the case for accelerating the digital transformations firms and economies were forced to make to help them cope with the crisis.

The Increasing Economic Value of Digital Capital

Irving Wladawsky-Berger

A firm’s financial statement comprises two distinct types of assets. Tangible assets are mostly physical in nature, and include vehicles, land, plants, equipment, and furniture, as well as financial assets like stocks, bonds, account receivables, and cash which have a concrete contractual value.

A New Contract with the Middle Class

Irving Wladawsky-Berger

“The U.S. is a middle-class nation,” says the opening sentence of A New Contract with the Middle Class , an essay by Richard Reeves and Isabel Sawhill that was recently published by the Brookings Institution.

Class 149

Why 70 Percent of Digital Transformations Fail

Irving Wladawsky-Berger

“Companies either transform or die in industrial revolutions,” writes former P&G executive Tony Saldanha in his recently published book Why Digital Transformations Fail. “Digital transformation is our current generation’s attempt to transform in the face of the Fourth Industrial Revolution.

After Years of Promise and Hype, Is AI Once More Failing to Deliver?

Irving Wladawsky-Berger

Data 187

The Intangible Asset Revolution

Irving Wladawsky-Berger

AI Technologies Are Fundamentally Changing How Work Gets Done

Irving Wladawsky-Berger

After decades of promise and hype, artificial intelligence is finally becoming one of the most important technologies of our era. AI technologies, like machine learning, are clearly having a major impact on the very nature of work.