Robocalypse Now? Technology, Productivity and Employment

Irving Wladawsky-Berger

His presentation was based on a paper co-written with Utrecht University economist Anna Salomons. “Is productivity growth inimical to employment?,” Their paper addressed three major questions: Has productivity growth threatened employment, especially in advanced economies?

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. Economists have proposed competing explanations for declining productivity growth and so far have failed to reach a consensus.” .

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. From 1987 to 2004 US labor productivity grew at a 2.1% The Difficulty of Measuring Productivity.

Complex or Chaotic?

Dave Snowden

The distinction between complexity and chaos theory can be problematic depending on who you are talking with, or what you are reading. A complex world is not random nor is it arbitrary, we can manage or direct interactions to allow direction.

The New Era of Smart, Connected Products

Irving Wladawsky-Berger

An equally optimistic view was expressed in another excellent article, - How Smart Connected Products are Transforming Competition , - published in the November issue of the Harvard Business Review by Michael Porter and James Heppelmann. . IT is now an integral part of the products themselves.

Cloud, Services and the Transformation of Production

Irving Wladawsky-Berger

Is it a return to centralized computing , driven by the rising complexities, management costs and energy inefficiencies of distributed systems? What do we mean by the production of services ? Production includes both manufacturing and ICT-enabled services.

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.” .

Solow Paradox 2.0: The Lagging Impact of Technology Advances on Productivity Growth

Irving Wladawsky-Berger

Our aging economies are thus dependent on productivity gains to drive long-term economic growth , future prosperity and higher standards of living. Their average productivity growth in the 5 years between 2000 and 2004 was 2.4%. The waning of the mid-1990s productivity boom.

From Mass Production to Mass Individualism

Irving Wladawsky-Berger

All kinds of new products and services, like Airbnb, are now coming to market. Mass production was a defining hallmark of the 20th century industrial economy, bringing high productivity and low costs to a wide variety of offerings, - from household appliances to hotel chains.

Managing in Complexity

Harold Jarche

As our markets and technologies get more complex, we need new models to get work done. However, complex systems are not fully knowable, though they can be partially understood through interaction with them. Complex problems cannot be solved alone. complexity Wirearchy Work

Design thinking & complexity pt 1

Dave Snowden

I started talking about the differences that complexity theory makes to design thinking some time ago - In Malmo at the XP conference as I remember it - and have now introduced that material in modified form onto day four of our accreditation programme.

No cookie cutters for complexity

Harold Jarche

As social learning, collaboration, and even complexity become mainstream concepts, the array of products and services around them are becoming commoditized. I have noted in the past year clients wanting more products and fewer customized services. complexity

Serving Experience As The Product

Adaptive Path

The experience is the product. Whether we talk about greeting cards, mobile apps, or vacation get-aways, the experience is the product. Many of the products we spend the most on and spend the most time with are platforms for services.) Serving experience as the product.

The Complex Nature of Cloud-based Innovation

Irving Wladawsky-Berger

I find it helpful to look at cloud along two key dimensions: as a technology to improve IT productivity, and as a platform for enabling business innovation. Incremental investments in productivity don’t drive growth.

the complexity of capitalism

Harold Jarche

And like all instruments it appeals to a certain instrumental logic, one that craves a simpler world and shies away from complexity. ” Understanding Complexity , via @pourquoi. In Complex problems our practices are always evolving based on what we learn.

Build trust, embrace networks, manage complexity

Harold Jarche

We have known for quite a while that hierarchies are ineffective when things get complex. Most organizations still deal with complexity through reorganization. A connected enterprise starts by building a foundation of trust, embracing networks, and then managing complexity.

Managing Complex, Disruptive Innovations - Some Lessons Learned

Irving Wladawsky-Berger

Sustaining innovations are different, because you are essentially improving existing products and services while continuing to sell to and support a similar client base. e-business was not about any one product or service.

The Firm as a Large, Complex, Extended Family

Irving Wladawsky-Berger

He lived a long and extraordinarily productive life until the very end. A firms is best viewed as a kind-of rather large and highly complex family. Ronald Coase , the eminent British economist and University of Chicago professor emeritus, passed away on September 2 at the age of 102.

9 Ways To Increase Your Productivity While Working From Home

Luis Suarez

Impose Time Limits on Specific Tasks: Oh, yes, ever since I have introduced The Pomodoro Technique to help me schedule time chunks on specific tasks, specially, rather complex ones, also even the time I spend on social networking tools, it’s made a huge difference for me.

How Playing Games at Work Can Help Boost Your Productivity

Luis Suarez

all of them having been blamed, over the course of decades, for being responsible as well for people’s lack of productivity and for getting us all far too distracted from real work. But what happens *if* playing games actually makes you *more* productive?

Scale and Complex Systemic Innovation

Irving Wladawsky-Berger

They are highly motivated to bring to market new products which offer significantly improved designs and/or lower costs, and thus gain competitive advantage and market share from the established leaders in their segment of the market. By investing in new products or processes, the company can sell them to their already large customer base and reap greater rewards faster. But, it is not enough to be large for a company to succeed at complex systemic innovation.

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Preparing Students for an Increasingly Complex Business World

Irving Wladawsky-Berger

Are engineering and management schools adequately preparing students for our fast-changing, highly complex business world? Not quite, say a number of recent studies. A good education should include soft as well as hard competencies.

Services, Production and Clouds

Irving Wladawsky-Berger

So, like many others, I have discussed services and their attributes in contrast to what they are not - physical products that are generally manufactured in factories. The distinction between products and services blurs, as physical products are increasingly embedded into service-based solutions, where the clients pay for the services they receive, not the products embodied in the solutions. He views cloud computing as being primarily a story of production.

IT, Productivity and Organizational Capital

Irving Wladawsky-Berger

But, to achieve long term economic growth, as well as gains in our standard of living , the US must also focus on innovation and productivity growth. US labor productivity - “the amount of goods and services that a laborer produces in a given amount of time” - grew at only 1.5% This period of slow productivity coincided with the rapid growth in the use of computers in business, giving rise to the Solow. As the US recovers from the financial.

UX Week 2014 Keynote Josh Clark on the Future of Digital Product Design

Adaptive Path

In this interview, Josh and I talk about the current trends in digital product design, and where those trends might be heading. Josh: The more complex, the more surprises. Adaptive Path UX Week Design Digital Product Design Global Moxie Jesse James Garrett Josh Clark

How Can We Ensure that Our Complex AI Systems Do What We Want Them to Do?

Irving Wladawsky-Berger

Software-intensive systems are generally quite flexible, - able to evolve and adapt to changing product and market requirements. And, at the bleeding-edges of complexity are data-driven AI systems , which are generally based on statistical analysis and machine learning methods. .

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The Science of Complex Systems

Irving Wladawsky-Berger

When I look back over my long, relatively eclectic career, complex systems have been a common theme in all the activities I’ve been involved in. It started in the 1960s, when I was an undergraduate and graduate student at the University of Chicago majoring in physics, - the study of complex natural systems. The research for my thesis was focused on the highly complex world of atoms and molecules.

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Design Principles for Complex, Unpredictable, People Oriented Systems

Irving Wladawsky-Berger

An IBM Global CEO Study conducted in 2010 concluded that complexity was the primary challenge emerging out of its conversations with 1,500 CEOs and senior government officials. CEOs told us they operate in a world that is substantially more volatile, uncertain and complex. Over the past several years, we have seen a rising emphasis on design, creativity and holistic thinking in business to help us deal with an increasingly volatile, unpredictable complex world.

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Become a More Productive, Empathetic, Creative Person With the Help of AI-Based Tools

Irving Wladawsky-Berger

Despite dramatic advances in technology, most of the world’s economies have been stuck in a long period of slow growth and slow productivity. We’ve long been leveraging technology to help increase productivity.

Social Learning, Complexity and the Enterprise

Harold Jarche

Our relationship with knowledge is changing as our work becomes more intangible and complex. PDL – Personal Directed Learning: from Clockwork & Predictable to Complexity & Surprising. In complex environments it no longer works to sit back and see what will happen.

Workplace Productivity

Tony Karrer

One of the favorite quotes I used to use during presentations was Drucker - The most important contribution of management in the 21st century will be to increase knowledge-worker productivity. Complexity of Productivity for Knowledge Work Productivity is defined as: the ratio of the quantity and quality of units produced to the labor per unit of time For some knowledge workers, we can reasonably define things this way.

On the Complex Evolution toward Mobile Digital Payments

Irving Wladawsky-Berger

In addition, by reaching out to financial institutions, merchants, application developers and others, Apple is helping bring together the different players in the payments ecosystem, something that’s absolutely essential to succeed in such a complex undertaking.

Networks and complexity

Harold Jarche

A cultural change is required in the way we organize our work because of two related factors: Networks & Complexity. The cynefin model shows that emergent practices are needed in order to manage in complex environments and novel practices are necessary for chaotic ones. Tweet.

A complex look at task assignments

Clark Quinn

And I’ll be the first to acknowledge that it’s complex, as the diagram represents, but let me tease it apart for you and see if it makes sense. If it’s a complex artefact (such as a product design, not just a presentation), there could be several revisions.

Strategy and Execution in an Increasingly Complex World

Irving Wladawsky-Berger

Twenty-thirty years ago, the business world was arguably less complex, slower moving and more predictable. Strategic planning involved looking out several years into the future, - generally three to five years, longer for technologies and products requiring extensive R&D. Once upon a time, design and manufacturing were quite distinct steps in the development of products. Firms are exploring the right balance between product and service revenue.

Living with Complexity

Clark Quinn

His latest, Living with Complexity , is not as landmark a book as that, but it has some very astute thinking to present. The book, as the title implies, is largely about how complexity isn’t bad, it’s necessary, and the real issue is about designing to manage it. We want powerful systems to accomplish meaningful goals, and he makes the case that this naturally requires complexity, either at the front end or at the back end.

Learning in Complexity

Harold Jarche

” @webestime – “Simple rules lead to complex behavior. ” @CharlesJennings – “in a complex world, continuous learning is the only option available to us” – Globalization, Complexity & Change. The challenges of jobs that deal with high levels of complexity and tacit interactions are best addressed through the development of core skills and capabilities, not through trying to teach sets of processes or facts.

Reflections on Innovation, Productivity and Job Creation

Irving Wladawsky-Berger

This interest is a natural outgrowth of my work on highly complex systems , especially the kinds of people-oriented complex systems with which economists generally deal. Such a dramatic shift in jobs is largely due to the massive productivity improvements in the agriculture and industrial sectors as a result of the technological advances and innovations of the Industrial Revolution.

Learning is the main driver for productivity

Harold Jarche

EskoKilpi – “Learning is the main driver for productivity. Productivity of learning determines the speed of productivity improvement.” Tweet Here are some of the insights and observations that were shared via Twitter this past week.

Complex Organizational Systems

Irving Wladawsky-Berger

The study of complex systems has been a common arc in my career. It started with physics at the University of Chicago in the 1960s, where I was studying complex natural systems - atomic and molecular physics in particular. In the last twelve years, my work has focused on the kinds of complex systems made possible by the advent of the Internet and the Web. What makes such complex systems complex ? But why are these systems so complex?

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The Complex Transition to the Age of the Cloud

Irving Wladawsky-Berger

But, after discussing a number of its benefits to business, - individual productivity, group collaboration, information insights and application development, - McAfee points out that the shift to cloud computing has been slow. Cloud computing is a highly complex initiative - at the technical, business and organizational levels. And, one of the key lessons we all hopefully learned from the dot-com era is that complex, global initiatives take time.

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. Because the product is more expensive. " Business or Pleasure? -

Complex Sociotechnical Systems: the Case for a New Field of Study

Irving Wladawsky-Berger

They generally exhibit a level of complexity that is often beyond our ability to understand and control. Not only do they have to deal with the complexities associated with large scale hardware and software infrastructures, but with the even more complex issues involved in human and organizational behaviors. . A few weeks ago, MIT professor Joseph Sussman addressed these issues in a lecture - Complex Sociotechnical Systems: The Case for a New Field of Study.

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