Where is Technology Taking the Economy

Irving Wladawsky-Berger

I recently read Where is Technology Taking the Economy? , The first era, in the 1970s and 1980s, brought us Moore’s law and the dramatic advances in semiconductor technologies. But, as we well know, there are serious downsides to technology-based automation.

Where is Technology Taking the Economy

Irving Wladawsky-Berger

I recently read Where is Technology Taking the Economy? , The first era, in the 1970s and 1980s, brought us Moore’s law and the dramatic advances in semiconductor technologies. And data can’t easily be owned either, it can be garnered from nonproprietary sources… if past technology revolutions are indicative, we will see entirely new industries spring up we hadn’t even thought of.”. But, as we well know, there are serious downsides to technology-based automation.

Blockchain - Once Again, the Technological Genie Has Been Unleashed from its Bottle

Irving Wladawsky-Berger

But, it’s come at a price: it’s good-enough but not optimal for any one application. Complex Systems Digital Money and Payments Economic Issues Innovation Management and Leadership Political Issues Smart Systems Society and Culture Technology and Strategy

eLearning Costs : eLearning Technology

Tony Karrer

eLearning Technology Tony Karrers eLearning Blog on e-Learning Trends eLearning 2.0 The fixed-price contract that has been signed with the vendor for this course is for 766 hours of development at an average hourly rate of $116 for a total of $89,000+. His question is whether this price is reasonable, high or worth raising a stink. From his brief description, the price sounds high, but I would need to know a bit more detail to be sure.

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The Business Value of Resilience

Irving Wladawsky-Berger

The Industrial Revolution was “as much about process innovations that reduced waste and increased productivity as it was about the application of new technologies,” wrote Roger Martin in a recent Harvard Business Review (HBR) article, - The High Price of Efficiency.

Artificial Intelligence is Ready for Business; Are Businesses Ready for AI?

Irving Wladawsky-Berger

In the past few years, the necessary ingredients have come together to propel AI beyond the research labs into the marketplace: powerful, inexpensive computer technologies; advanced algorithms and models; and most important, oceans and oceans of data. AI is now seemingly everywhere.

The Impact of AI on R&D and Innovation

Irving Wladawsky-Berger

Beyond innovations in existing sectors, the rapidly improving price/performance of GPTs have led over time to the creation of whole new applications and industries. Beyond its use by leading edge technology companies, w e’re still in the early stages of AI deployment.

AI and the Productivity Paradox

Irving Wladawsky-Berger

Given the proper context, there are no inherent inconsistencies between having both transformative technological advances and lagging productivity. Another possibility is that the productivity benefits of new technologies are being enjoyed by a relatively small fraction of the economy.

Hope for HP's Culture - Bob Sutton

Bob Sutton

Stanford Technology Ventures Program (STVP). Center for Work, Technology and Organization. Price: The Pixar Touch: The Making of a Company. Dorf & Byers: Technology Ventures. The Power of Observing and Talking to Real Humans » Hope for HPs Culture.   As one former HP executive explained, once they put that word on the signs, she knew that HP's brilliant culture of innovation was fading fast. Bob Sutton.

Automation Anxieties - We’ve Been Here Before

Irving Wladawsky-Berger

Automation anxieties have been with us ever since the 1810s, when the so-called Luddites smashed the new weaving machines that were threatening their textile jobs, and they continued to resurface over the past two centuries right along with advances in technology.

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The Rise of the Global Superstar Company

Irving Wladawsky-Berger

It was an era characterized by bureaucratic corporate cultures, focused on organizational power and orderly prosperity. The Economist argues that three major force s are responsible for this new era of concentration: technology, globalization, and regulation. Technology.

A Framework for the Safe Management of Digital Identities and Data

Irving Wladawsky-Berger

Blockchain technologies could be used to provide a shared, immutable log of events. Blockchain and Identity Complex Systems Data Science and Big Data Economic Issues Management and Leadership Political Issues Services Innovation Society and Culture Technology and Strategy

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Blockchain and the Future of the Firm

Irving Wladawsky-Berger

It was an era characterized by bureaucratic corporate cultures, - not unlike military hierarchies - focused on organizational power and orderly prosperity.

Disruptive Innovation Revisited

Irving Wladawsky-Berger

Lepore’s article may well be part of a growing backlash against the relentless advances in technology. Most of us who’ve studied or lived through them find Christensen’s work to be a useful explanation and organizing framework for understanding technology-based disruptions.

The Internet, Blockchain, and the Evolution of Foundational Innovations

Irving Wladawsky-Berger

Last year, a panel of global experts convened by the World Economic Forum selected blockchain as one of the Top Ten Emerging Technologies for 2016, based on its potential to fundamentally change the way economies work.

The Future of the Globally Integrated Enterprise

Irving Wladawsky-Berger

Governments in the emerging world welcomed the jobs, exports and technology that global firms brought. Then around the late 1980s, technological and market forces started reshaping multinationals into something new, the globally integrated enterprise.

Lean Principles in the Digital Economy

Irving Wladawsky-Berger

More recently, lean principles have been playing a key role in a variety of industries beyond manufacturing which must now adapt to the fast changing technologies and markets of the Internet age.

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The (Uneven) Digitization of the US Economy

Irving Wladawsky-Berger

Digital technologies are all around us, - increasingly ubiquitous and commoditized. The ICT (information and communications technologies) sector is the engine of digitization for the broader economy. Digital technologies now touch the economy in myriads of ways.

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The Coming Robotics Revolution

Irving Wladawsky-Berger

The clever cover highlights the issue’s main theme, artificial intelligence and robotics, - a set of technologies that some fear could one day threaten our very existence. . Speculations about a future radically transformed by technology are nothing new.

The Evolution of the Internet of Very Smart Things

Irving Wladawsky-Berger

The centrally managed, highly scalable, attractively priced cloud platforms were now being designed to support a variety of mobile devices, - e.g. smartphones, tablets, e-readers and laptops. This transformation is driven by the continuing advances of technology.

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Not Your Grandfather’s Manufacturing

Irving Wladawsky-Berger

Her article nicely explained the major changes taking place in US manufacturing, especially the appearance of a new generation of flexible, programmable, moderately priced robots that are designed to safely collaborate with humans, - each doing what they do best.

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The Analog Foundations of the Digital Revolution

Irving Wladawsky-Berger

D igital technologies have been rapidly spreading in just about all nations, but their expected digital dividends , - i.e., their broad development benefits, - have lagged behind and are unevenly distributed. “We

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The Competitive Value of Data: From Analytics to Machine Learning

Irving Wladawsky-Berger

And higher prices for consumers are not present with free internet services.”. This is evident in the articles we see daily in the technology and business press, as well as the growing number of AI startups and acquisitions.

The Productivity Puzzle

Irving Wladawsky-Berger

Earlier this year the McKinsey Global Institute published The Productivity Puzzle , a report that takes a close look at the sharp decline in US productivity since 2014 despite continuing advances in digital technologies.

The Rise of the Platform Economy

Irving Wladawsky-Berger

Cloud Computing Complex Systems Economic Issues Innovation Management and Leadership Services Innovation Society and Culture Technology and StrategyWhat do we mean by a platform ?

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Learning to Work with Our Increasingly Smart Machines

Irving Wladawsky-Berger

The day-long conference featured a number of interesting talks on the impact of digital technologies on business, the economy and society. But beyond price, automation often improves quality, reliability, and convenience.

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The Impact of AI on R&D and Innovation

Irving Wladawsky-Berger

For the past couple of centuries, general-purpose technologies (GPTs) have been the key drivers of productivity and economic growth, - thanks to their rapid improvements in price and performance, pervasive applications, and ability to spur complementary innovations across a wide variety of industries. Beyond innovations in existing sectors, the rapidly improving price/performance of GPTs have led over time to the creation of whole new applications and industries.

A Data Science Approach to Organizational Health

Irving Wladawsky-Berger

Advances in technology are eroding the prevailing business models in industry after industry. The research further showed that the healthiest overall companies had a distinct organizational culture as opposed to trying to be great in all 37 management practices.

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Cloud, Services and the Transformation of Production

Irving Wladawsky-Berger

It will undoubtedly transform the information technology (IT) industry, but it will also profoundly change the way people work and companies operate. Ever since cloud computing first appeared in the IT world, people have struggled to define what it is and why it’s so important.

Could the End of Moore’s Law Be Near? If so, What’s Next?

Irving Wladawsky-Berger

Markoff has been a science and technology writer at the NY Times since 1988, as well as author and co-author of several books, including the just published Machines of Loving Grace: The Quest for Common Ground Between Humans and Robots. I can personally attest to his deep understanding of technology and the IT industry, given the many discussions we’ve had over the years. . And Moore’s Law has played a central role in his career since becoming a technology reporter in 1977.

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Shaping the Future of the Internet

Irving Wladawsky-Berger

Its technical directions and overall culture have been largely determined by the academic and research communities, who were also its early users. The Winter 2016 issue of Dædalus , the Journal of the American Academy of Arts and Sciences , is devoted to the Internet.

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The Future of Financial Services

Irving Wladawsky-Berger

Given its intangible character, it’s not surprising that advances in information and communication technologies (ICT) have in turn led to advances in the way we deal with money and payments, as well as with identity, trust and other key attributes of a well-functioning financial system.

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The Future of Management

Irving Wladawsky-Berger

Technology and connectivity have disrupted industries and transformed the lives of billions. Technology will continue its relentless march toward the Second Machine Age , where AI, Robotics and other such advances will usher innovations we can barely begin to imagine.

Innovation Hubs in the Global Digital Economy

Irving Wladawsky-Berger

The commodity trap is the price-based competition throughout markets for standard goods and services, which puts pressure on wages and profit margins alike. Their entrepreneurial culture is even harder to replicate.

Artificial Intelligence is Ready for Business; Are Businesses Ready for AI?

Irving Wladawsky-Berger

In the past few years, the necessary ingredients have come together to propel AI beyond the research labs into the marketplace: powerful, inexpensive computer technologies; advanced algorithms and models; and most important, oceans and oceans of data. AI encompasses a broad rage of technologies and application. They tend to adopt multiple AI technologies depending on the specific use case. However, adoption of AI technologies remains largely at an experimental stage.

The Global Business Environment: Success or Struggle?

Irving Wladawsky-Berger

These metrics provide a comprehensive picture of the evolution and impact of advances in digital technologies and changes in public policy over that time span. A few weeks ago I wrote about one of them, The burdens of the past , which dealt with the growing gap between individuals and institutions in their adoption of knowledge-sharing technologies. Customers have been using that market power to find the best possible deals at the lowest possible prices.

MOOCs: Inflated Expectations, Early Disappointments

Irving Wladawsky-Berger

which asked if along with being The Year of the MOOC , 2012 may also be the year when MOOCs reached the zenith of the hype cycle that emerging technologies inevitable go through. He partnered with San Jose State University to offer a few courses for credit at a very low price.

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The Slow, Steady March Towards Digital Money

Irving Wladawsky-Berger

Culture plays a role as well. The Scandinavian countries have quickly embraced mobile money payments, while similarly advanced Germany and Japan continue to lag behind, because of cultural biases in both countries that favor the use of cash.

AI and the Productivity Paradox

Irving Wladawsky-Berger

Given the proper context, there are no inherent inconsistencies between having both transformative technological advances and lagging productivity. Over the past two centuries we’ve learned that there’s generally a significant time lag between the broad acceptance of new technology-based paradigms and the ensuing economic transformation and institutional recomposition. Implementation and Technology Lags.

A Kind of Digital “Perfect Storm”

Irving Wladawsky-Berger

Every day brings new stories about the impact of digital technologies on every aspect of the world around us, including their transformative impact on companies in just about every industry. Chief technology officers loved its emphasis on security.

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From Mass Production to Mass Individualism

Irving Wladawsky-Berger

Technology and globalizations have significantly reduced the employment opportunities and earning of middle-skill, middle-wage jobs. People with time to travel but little money prefer to stay in someone’s moderately priced spare room rather that in a more expensive standard hotel chain.

A Framework for the Safe Management of Digital Identities and Data

Irving Wladawsky-Berger

Blockchain technologies could be used to provide a shared, immutable log of events. Apply correct pricing models for algorithms and data : A correct pricing structure needs to be developed by the members of a trust network ecosystem, to encourage data owners to develop new business models based on the OPAL paradigm. Identity plays a major role in everyday life. Think about going to an office, getting on a plane, logging to a website or making an online purchase.

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Blockchain’s Potential for Environmental Applications

Irving Wladawsky-Berger

Blockchain technologies promise to significantly improve the efficiency and security of business transactions and data sharing among participants in a global ecosystem, such as supply chains, financial services, and similar complex applications involving multiple institutions.