AI Technologies Are Fundamentally Changing How Work Gets Done

Irving Wladawsky-Berger

To the contrary, automating the more routine parts of a job will often increase the productivity and quality of workers by complementing their skills with technologies and tools, thus enabling them to focus on those aspect of the job that most need their attention.

The Productivity Puzzle

Irving Wladawsky-Berger

Economic growth has two main components, productivity growth and the growth of the labor force. I ncreasing productivity is thus more crucial than ever to promote economic growth. But, in the US and other advanced economies, productivity growth has significantly slowed down over the past few decades. From 1987 to 2004 US labor productivity grew at a 2.1% Since 2011, the productivity rate has further declined to 0.6%. . US labor productivity grew at only 1.5%

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AI and the Productivity Paradox

Irving Wladawsky-Berger

But, at the same time, productivity growth has significantly declined over the past decade, and income has continued to stagnate for the majority of Americans. This puzzling contradiction is addressed in Artificial Intelligences and the Modern Productivity Paradox , a working paper recently published by the National Bureau of Economic Research (NBER). Economists have proposed competing explanations for declining productivity growth and so far have failed to reach a consensus.” .

The Productivity Paradox: Digital Abundance and Scarce Genius

Irving Wladawsky-Berger

Despite the relentless advances of digital technologies, productivity growth has been declining over the past decade. Some contend, - most prominently Northwestern University economist Robert Gordon , - that over the past few decades there’s been a fundamental decline in innovation and productivity. Demographic change , namely, the declining population and labor force growth around the world, is another potential cause for slow economic growth.

AI and the Productivity Paradox

Irving Wladawsky-Berger

But, at the same time, productivity growth has significantly declined over the past decade, and income has continued to stagnate for the majority of Americans. This puzzling contradiction is addressed in Artificial Intelligences and the Modern Productivity Paradox , a working paper recently published by the National Bureau of Economic Research (NBER). Economists have proposed competing explanations for declining productivity growth and so far have failed to reach a consensus.” .

#3 Organizational Structures Have Changed

Nine Shift

The org chart is dead. What business leaders report is that the network is faster, more productive and more profitable than the pyramid. At LERN we have not done an org chart for 25 years, since we went virtual. The Org Chart is dead. Leaders are now befuddled about being inbetween the organizational pyramid of the last century and the organizational network of this century. Organizational structures have been flattened, dispersed, contracted out.

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The Internet of Things is Changing the World

Irving Wladawsky-Berger

“How the world will change as computers spread into everyday objects,” is the title of the lead article in a comprehensive review of the Internet of Things (IoT) in a r ecent issue of The Economist. IoT promises to bring many benefits, including a whole new generation of innovative products. IoT has been ushering a whole new class of smart connected products. A recent report by GSMA Intelligence said that smart homes are rapidly evolving from niche to mainstream by 2025.

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Leadership in a Changing World

Irving Wladawsky-Berger

What are the critical competencies needed to lead in our fast-changing business environment? Its findings were recently published in The CEO Report: Embracing the Paradoxes of Leadership and the Power of Doubt. The key challenge confronting CEOs, - and senior executives in general, - is the relentless pace of change. But, w hile speed is the major dimension of change, it’s not the only one. Is the change evolutionary or revolutionary in nature?

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Human Capital and the Changing Nature of Work

Irving Wladawsky-Berger

But on balance, such fears appear to be unfounded, noted the World Bank in a comprehensive recent report on The Changing Nature of Work. That’s a mistake, because neglecting investments in human capital can dramatically weaken a country’s competitiveness in a rapidly changing world, one in which economies need ever-increasing amounts of talent to sustain growth.” . How is the Nature of Work Changing? People have long feared that machines are coming for our jobs.

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The Challenges of Automation in a Fast Changing Economy

Irving Wladawsky-Berger

“Technological innovation should be embraced,” notes Automation and a Changing Economy , a recently published report by The Aspen Institute. “Automation has been a largely positive economic and social force, and looking forward, automation will be necessary to feed, house, and raise the living standards of a growing and aging population.” . Let me summarize the key conclusions and recommendations in each of the report’s two sections.

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Game-Changing Basic Research: Benefits and Challenges

Irving Wladawsky-Berger

Innovation Deficit , - a report on both the long term benefits of basic research and the impact on those benefits of declining federal investments. Over time, the innovations moved from the research labs to product development, and from there to the marketplace. But, technology and market environments have drastically changed in the intervening years. research leadership ultimately depends,” writes the MIT report. “In

Climate Change, Waste & Festivals: a collective fight needing a common understanding

Dave Snowden

it also has the potential to mobilise momentum and drive change through the sharing of stories about what people are doing to make the world a better place. Building small, incremental change has always been the complexity mantra. When thinking about change and transformation, we were particularly interested in the idea of apathy, simplicity and the importance of time, e.g. are people thinking ahead or are there “more important things to do”?

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Measuring the Forces of Long Term Change

Irving Wladawsky-Berger

Intel co-founder Gordon Moore described what became known as Moore’s Law in a 1965 paper where he observed that the number of components in integrated circuits had doubled every year since their invention in 1958, and predicted that the trend would continue for at least ten years, a prediction he subsequently changed to a doubling every two years. The Foundation index has been growing at a ten percent CGR since 1993, and is the primary driver of all the other changes.

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Berlin cognitive science safari: report

Mind Hacks

Part of this fallacy is to think that perception is trivial, but another important part is to think that perception is about the production of images of some sort. Perception is the production of meaning, not the production of images. So did ‘reading’ someone’s country of origin from their appearance alone , but the real treat of the tour was the change blindness ‘door’ experiment.

The True Value of a Good Education: Adaptability to a Changing Environment

Irving Wladawsky-Berger

In his 1945 seminal report, Science The Endless Frontier , presidential science advisor Vannevar Bush laid out the blueprint for R&D in post-war America: “New knowledge can be obtained only through basic scientific research” conducted in universities and research labs, which is then applied to develop new products by the private sector and new and improved weapons by the defense sector.

Online Learning Trends Enhancing Employee Productivity in 2017

TOPYX LMS

One industry that is constantly changing is online learning, also referred to as eLearning. Corporate Online Learning Trends Can Boost Employee Productivity . They want to know which trends are noteworthy, and which can facilitate a productive workplace. Read on to discover a few online learning trends that can bolster company culture and increase employee productivity in 2017. 3 Corporate Online Learning Trends That Can Boost Employee Productivity in 2017.

Behavior Change as Value Proposition

Adaptive Path

There's a lot of academic research around the areas of persuasive technology and design for behavior change. It's getting more exposure as technology has allowed products and services to have an increasingly pervasive role in people's lives. How do we recognize these products in the wild? And what has caused the tipping point for the growth of these products and services? Data, Feedback, and Smart Products. These are "dumb products."

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Data Science and the Changing Nature of Research and Innovation

Irving Wladawsky-Berger

Establishing productive collaborations between academia and industry has been difficult. Organizational structures and cultural attitudes are not keeping up with changing realities. While competitive pressures force companies to adjust to fast changing market realities, change comes slower to academic and government institutions. Throughout this period, research discoveries in the physical sciences were rapidly translated by engineers into innovative products.

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The Link Between BYOD and Increased Productivity

TOPYX LMS

A BYOD policy also makes it easy for employees to access corporate data and online training materials, which can increase productivity. Of all the benefits listed here, increased productivity usually pleases company leaders most. Some organizations choose to implement BYOD solely for the purpose of augmenting productivity. Dell Study Shows Link Between BYOD and Increased Productivity. Scott Campbell, writer for CRN, reported on the study.

Your product may no longer be your product

Harold Jarche

The internet is changing a lot of business models. Janet Clarey talks about the changes that have happened to her work as a researcher/analyst: Now, I seem to work with hundreds [of people] and that brings me to a conflict I’ve had for the better part of a year: sharing. But research is our product. I would surmise that ten years ago it was easier to sell a research report than it is now.

Cloud and “Game Changing” Business Innovation

Irving Wladawsky-Berger

Earlier this year, IBM’s Institute for Business Value published a very good report - The Power of Cloud: Driving Business Model Innovation. According to the report “cloud empowers six potentially game changing business enablers”: . market adaptability - rapid prototyping and innovation to quickly respond to rapidly changing market conditions; . e-books is another widely used, game changing cloud application that is already transforming the book publishing industry.

Online Learning Trends Enhancing Employee Productivity in 2017

TOPYX LMS

One industry that is constantly changing is online learning, also referred to as eLearning. Corporate Online Learning Trends Can Boost Employee Productivity . They want to know which trends are noteworthy, and which can facilitate a productive workplace. Read on to discover a few online learning trends that can bolster company culture and increase employee productivity in 2017. 3 Corporate Online Learning Trends That Can Boost Employee Productivity in 2017.

The Leader's Guide to Radical Management: 84% vote for change in.

Steve Denning

84% vote for change I reported on Tuesday the shocking statistic that 84% of workers in the US plan to change jobs in 2011. It also shows the futility of changing jobs: when most of the jobs suck, changing jobs won't do anyone much good. Yet there is some good news in that 84% figure: 84% of people want change. That's a pretty large, silent majority in favor of change.

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Leveraging Commercial Best Practices to Maximize Government Productivity

Irving Wladawsky-Berger

On October 6, the Technology CEO Council released its report One Trillion Reasons: How Commercial Best Practices to Maximize Productivity Can Save Taxpayer Money and Enhance Government Services. The report identifes a set of recommendations aimed at reducing US government spending by one trillion dollars over the next decade. Both operate in increasingly fast-changing environments, which are subject to more frequent, serious and unpredictable problems.

Business or Pleasure? - why not both: The product-to-service.

Martijn Linssen

why not both Home About Contact Saturday, 21 August 2010 The product-to-service financial ratio Yesterday I saw a tweet by Frank Scavo : Chatting with a vendor about implementation cost to software license cost ratios. Back to the topic : there is a clear, direct and fairly linear relation between the initial cost of a product, and the additional cost(s) involved servicing it. In big IT companies, there isnt much enthusiasm to be found for selling Open Source products.

70:20:10 – Above All Else It’s a Change Agent

Charles Jennings

“Progress is impossible without change; and those who cannot change their minds cannot change anything.” People aren’t hired to learn, they’re hired to increase productivity or capability. There are productivity expectations and organizational needs to be met.” That’s a large variance, not an exact number, but it does suggest that we need to look beyond formal learning if we’re to help create a step-change in performance.

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Driving Productivity Might Revolutionize HR or Kill It

Kevin Wheeler

Home About Future of Talent Subscribe Over the Seas Thoughts on Recruiting, Learning and Other Things as I Ramble around the World Driving Productivity Might Revolutionize HR or Kill It by Kevin Wheeler on March 10, 2010 How different is what you do today from five years ago? The evidence shows that increases in productivity significantly lag the investment in tools and process improvements. Then, around 1995 everything changed.

Rescuing The Reporters ? Clay Shirky

Clay Shirky

A Speculative Post on the Idea of Algorithmic Authority » Rescuing The Reporters. During the talk, I ran through various strategies for funding local reporting, including an idea I first saw articulated by Steve Coll that reporters should become employees of non-profit entities. The AP provided most of that days news, and the cost of running a wire story is tiny compared to employing a beat reporter.). Locally reported news? Rescuing The Reporters. [.].

To Really Drive Enterprise 2.0 Forward We Need A Behaviour Change

Dan Pontefract

A joint effort of Capgemini Consulting and the MIT Center for Digital Business resulted in a wonderful report recently published entitled, “ Digital Transformation: A Road-Map for Billion-Dollar Organizations ”. One key line struck me: Whether using new or traditional technologies, the key to digital transformation is re-envisioning and driving change in how the company operates. Why do I land on productive, and not collaborative, or engaged, or learned, or reciprocal, or connected?

Total Institutions, Productivity, and Unemployment

Bob Sutton

  I am pleased to report that I recently learned that they are engaged, so I guess it was the right choice.   But I think that everyone could benefit from a change in such norms.   Is there any hope for change here?  This isn't an original idea, but it has been gnawing at me lately.    As we all know, unemployment in the U.S. remains frighteningly high -- and is in worse in many parts of Europe. 

A cool new (free!) productivity tool | Daniel Pink

Dan Pink

Pink is the author of four provocative bestselling books about the changing world of work. Personal Productivity (14). productivity tool At the heart of most organizations is a disconnect. It’s not a magic elixir for anybody’s productivity woes. Browse Similar Posts: Motivation , Personal Productivity , Tools. This is a great tool, productivity tracking = awesome! Another great, free productivity tool that I use is todoist.com. Dan Pink. Contact.

The Impact on Government of the Structural Changes in 21st Century Economies

Irving Wladawsky-Berger

Most everyone agrees that economies and societies around the world are going through structural changes of a historical nature , driven by a number of powerful forces including digital technologies and globalization. Over the past two decades, companies, especially large, global companies, have been going through major transformations to help them adapt to these structural changes. there are pragmatic grounds now for politicians of all sorts to make the state more productive.

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Transmedia — Making Change Across Mediums

Beth Kanter

Transmedia – Making Change Across Mediums by Danny Alpert, Executive Director, Kindling Group and Executive Producer, See3 Communications. I became a documentary filmmaker to tell meaningful stories that explore social issues and inspire change. Just like Mark, @home is moving beyond the old models of documentary film, using social media, web video, and a smartphone “game for change” to to spark a conversation about homelessness, and how we can solve it.

NTEN Leading Change Summit #14lcs: Reflection

Beth Kanter

Last week I facilitated the “ Impact Leadership Track ” at the NTEN Leading Change Summit with John Kenyon, Elissa Perry, and Londell Jackson. The Leading Change Summit was drastically different from the Nonprofit Technology Conference, NTEN’s flagship event that has over 2,000 attendees, dozens of tracks and hundreds of panels, big parties, a trade show, and all the things you would expect from a traditional conference. Photo by Trav Williams.

Irving Wladawsky-Berger: Innovation, Fundamental Research and Universities

Irving Wladawsky-Berger

Irving Wladawsky-Berger A collection of observations, news and resources on the changing nature of innovation, technology, leadership, and other subjects. Main | A Grand Challenge Crying Out for Leadership » November 26, 2007 Innovation, Fundamental Research and Universities The October 13 issue of The Economist included a special report on innovation. The lead article set the stage when it said, "Rapid and disruptive change is now happening across new and old businesses.

Building Capacity for Social Change 2.0

Beth Kanter

This convening of ”network practitioners” (consultants and others who are working with or networks of people and organizations on social change goals) took place at the Packard Foundation and designed and facilitated by consultants Gigi Barsoum and Heather Grant-McLeod. The purpose was share insights and learn more about creating, supporting, and managing networks. Heather agreed to write up this report to share some of the content. Building Capacity for Social Change 2.0

New (Free) E-Book: Leading Systems Change Will Supercharge Your Facilitation Skills

Beth Kanter

My colleagues, Heather McLeod Grant and Adene Sacks, have just published a new workbook called “ Leading Systems Change.” But this is more than a simple report on a highly successful leadership program that takes a systems approach to serving an underserved community, it is the authors playbook of how to design and implement a program, including facilitation recipes for designing meetings.

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. An interim report was released in September, 2019. The Task Force comprehensive report covers a lot of ground.

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Irving Wladawsky-Berger: Hybrid Models of Capitalism

Irving Wladawsky-Berger

Irving Wladawsky-Berger A collection of observations, news and resources on the changing nature of innovation, technology, leadership, and other subjects. Titled “Going Hybrid” , it is the lead article in a special report on business in Japan. It examines the changes taking place in Japanese companies in the past decade as they are developing a new industrial model that combines elements of the old Japanese way of doing things with some carefully chosen bits of American capitalism.

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Pick of the Month: June 2012 – Informal learning, Yammer, collab platforms, change, and keep learning

Jane Hart

” And then at the end of the month (28 June) Training Journal reported that Leaders prefer informal learning, research find - something that many of us have known for a long time! The Economist in Social whirl (23 June) reported that it highlights Microsoft’s clients’ … “… growing appetite for setting up their own networks” . ” 4 - Change. “Alas, at some point we change.

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Employee Engagement is Still Poor but it Does Drive Bottom Line Results

Dan Pontefract

Not much has changed. But I was grinning ear to ear when I saw the following graphic (and accompanying words) from a recent Gallup report entitled “ How Employee Engagement Drives Growth “: Gallup states: Gallup researchers studied the differences in performance between engaged and actively disengaged work units and found that those scoring in the top half on employee engagement nearly doubled their odds of success compared with those in the bottom half.

stevenberlinjohnson.com:

Steven Berlin Johnson

Plus Colbert Report.) Call me a purist, but people should not be allowed to watch shows with production values as high as Losts on the Video iPod. My Books The Ghost Map The latest: the story of a terrifying outbreak of cholera in 1854 London 1854 that ended up changing the world. stevenberlinjohnson.com « The IT Crowd | Main | » Finally. The Daily Show makes it onto iTunes.

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My Top 5 iOS Apps of the Week – Week #1

Luis Suarez

. It’s been nearly 6 years since the last time I have put together an entry over here in this blog, where I was recommending some of my favourite Productivity & Social Apps for iOS, in order to get work done more effectively, that I keep using on a regular basis, even to today. That way you folks may well be able to get a good glimpse of what my daily productivity and social collaboration activities are like.

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