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.

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Gender Diversity, Empathy and Technology

Irving Wladawsky-Berger

What’s the value of gender diversity in technology-based disciplines? Is gender diversity an asset for technology-based companies? Are men inherently better than women at technology-based jobs? These are questions that have long been discussed.

Trending Sources

Technological Unemployment and the Future of Work

Irving Wladawsky-Berger

Few topics are as important, - and as challenging to anticipate, - than the future of work given our justifiable fears of rising technological unemployment. This question has been widely discussed for years, but, - at the end of the day, - we don’t really have good answers.

The Top Ten Emerging Technologies of 2016

Irving Wladawsky-Berger

For the past several years, the World Economic Forum (WEF) has published an annual list of the Top Ten Emerging Technologies that would likely have the greatest impact on the world in the years to come. The technologies on the list are not new.

Can AI Help Translate Technological Advances into Strategic Advantage?

Irving Wladawsky-Berger

Any sufficiently advanced technology is indistinguishable from magic,” is one of the most memorable quotes of science fiction writer Arthur C. But, as we better understand its promise and limitations, technology becomes just another tool we rely on in our work and daily life.

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Some Puzzling Questions about Innovation in the Digital Economy

Irving Wladawsky-Berger

Teaching forces you to take a fresh look at the subjects you are covering, so I find myself revisiting questions I’ve long been thinking about: What is the essence of innovation in the digital economy and how does it differ from the industrial age innovation of the past two hundred years?

A Useful Framework for Analyzing the Impact of Technology on Jobs

Irving Wladawsky-Berger

Last week I discussed a recent Pew Research report on the impact of AI, robotics and other advanced technologies on the future of jobs. The expert’s responses to this question where divided down the middle. .

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Digital Technologies for 21st Century Democracy

Irving Wladawsky-Berger

The focus for this year’s conference was Digital Technologies for 21st Century Democracy. I was invited to attend the conference, and participate in the opening plenary panel on D igital Technologies and the Future of Governance. The panel was moderated by Beth Noveck , Professor of Law at the New York Law School , who until recently served in the White House as Deputy Chief Technology Officer and leader of the White House Open Government Initiative.

Should Employees Be Incented to Use Social Technologies?

Dan Pontefract

Social collaboration technologies such as internal instances of blogging, micro-blogging, video sharing, discussion forums, idea sharing, wikis, and so on are all key aspects of being collaborative. Which brings me to the question, “ Should employees be incented to use social technologies ?”.

Technology and the Future of Media

Irving Wladawsky-Berger

Most everyone will agree that advances in information and communication technologies (ICT) are radically transforming the business landscape. Digital technologies are not only giving rise to more distributed and inclusive models, but are also enabling alternative unilateral-like models.

Education Technology Strategies - Day One

Stephen Downes: Half an Hour

lessons scripted around 1:1 laptop); IT issues - we were a Windows network, with everything on our own domain - we needed to open eg printing etc O - consumer technology far more accessible in 2012 esp. dates to classical Greece How does technology change this? - Most classrooms still dominated by teachers teaching answers and students remembering them We can change the technology but if we haven''t changed the goal we really haven''t accomplished anything.

AI, Automation and the US Economy

Irving Wladawsky-Berger

But it’s recent advances based on machine learning and related data-driven technologies are still relatively new, making it hard to predict where AI will be heading over time. Like no other technology, AI forces us to explore the very boundaries between machines and humans.

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The Long Term Impact of AI on Jobs - Some Lessons from History

Irving Wladawsky-Berger

The June 25 issue of The Economist includes a special report on artificial intelligence. Automation anxieties continued to resurface in the 20th century, right along with accelerating technology advances. But regardless, we cannot ignore the machinery question.

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Five Key Questions

Stephen Downes: Half an Hour

I was asked to provide some initial recommendations for that initiative, in the form of responses to five questions. A secondary but nonetheless no less pressing issue is the cost of providing access to education generally. Though some feel distance and online learning will not reduce costs[2], many are looking to new technologies not only to increase access but also to reduce the load borne by government.

Is Blockchain Ready to “Cross the Chasm”? Lessons from the Internet

Irving Wladawsky-Berger

These survey results are not surprising for a technology as new and complex as blockchain. With such technologies, you typically have a relatively small number of early adopters. Is it a currency, commodity or technology?

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.

The Emerging Data Economy

Irving Wladawsky-Berger

The Economist’ s May 6 issue referred to data in its cover as the world’s most valuable resource. Data has been closely intertwined with our digital technology revolution since the early days of the IT industry.

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Better Education Through Technology

Stephen Downes: Half an Hour

me) on seeing a sight like this is to suggest that everybody would be better off with a little more investment in technology. But they could instead higher fewer people, pay them more, and use technology to make up the difference. But third, and perhaps most critically, you don't actually get any improvements in output using the technological solution. It is in this context we need to read an article like Kentaro Toyama's Can Technology End Poverty?

Blockchain and the Future of the Firm

Irving Wladawsky-Berger

While the Internet, blockchain, and other technology advances would seem to support the decentralization of the economy away from big companies, the data indicates that, at least so far, their demise is not evident. Professor Coase provided a simple, elegant answer to this question.

Questions from students at Vancouver Island University

Stephen Downes: Half an Hour

I received a flurry of questions on some articles on my website yesterday, questions from students at Vancouver Island University. So the question is, in all four scenarios, not how we can eliminate competition and foster an attitude of collaboration, but rather, what degree of competition is appropriate in such scenarios, and how does the practice of sharing resources reconcile with that degree of competition. So that's my first reaction to the question.

Automation Anxieties - We’ve Been Here Before

Irving Wladawsky-Berger

The book deals with a number of important questions: When machines do everything, what am I going to do?; In 1965, Newsweek devoted a special issue to The Challenge of Automation , which it called “the most controversial economic concept of the age.

On the Governance of Blockchain: Lessons from the Internet

Irving Wladawsky-Berger

However, this extraordinary technology may be stalled, sidetracked, captured or otherwise suboptimized depending on how all the stakeholders behave in stewarding this set of resources - i.e. how it is governed,” they add in a strong note of caution. “How

Technology, Capitalism and “The American Way of Life”

Irving Wladawsky-Berger

Much has been written about our digital technology revolution and its impact on economies, societies and individuals. Our present age of information and communication technologies (ICT), whose starting point she pegs at 1971, is the fifth such major revolution.

Global Trends and Business Strategy

Irving Wladawsky-Berger

Companies that correctly identify and ride the tailwinds of technology and market trends will generally perform significantly better than companies for whom these same trends become tough headwinds.

The Simple, Economic Value of Artificial Intelligence

Irving Wladawsky-Berger

In their opinion, “the best way to assess the impact of radical technological change is to ask a fundamental question: How does the technology reduce costs? As AI technologies advance, machine predictions will increasingly replace human ones in an increasing number of tasks.

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Blockchain Can Reshape Financial Services… But it Will Take Significant Time and Investment

Irving Wladawsky-Berger

Not only are there major technology and standards issues to be worked out, but the industry will have to collaborate with governments around the world to develop the appropriate legal frameworks and regulatory environments.

Becoming a 21st Century Digital Tinkerer

Irving Wladawsky-Berger

But, as noted in his personal website , his chief occupation is Chief of Confusion,“ helping people ask the right questions , trying to make a difference through my work- speaking, writing, teaching.” .

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10 lessons for Giving Days, and one question: How can we make them more sustainable?

Beth Kanter

10 lessons for Giving Days, and one question: How can we make them more sustainable? To do it, their Giving Day campaigns have embraced new technologies and outreach strategies to make philanthropy easy and, well, a ton of fun. Click to see the full infographic.

Robocalypse Now? Technology, Productivity and Employment

Irving Wladawsky-Berger

they asked in the paper’s abstract. “Canonical economic theory says no, but much recent economic theory says maybe - that is, rapid advances in machine capabilities may curtail aggregate labor demand as technology increasingly encroaches on human job tasks.”. Is the Robocalypse upon us?,

Peering into a Confusing, Paradoxical Future

Irving Wladawsky-Berger

Technology is accelerating progress but causing discontinuities. While creating new opportunities, technology advances will continue to aggravate divisions between winners and losers. Climate change, environment, and health issues will demand attention.

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The (Uneven) Digitization of the US Economy

Irving Wladawsky-Berger

Digital technologies are all around us, - increasingly ubiquitous and commoditized. Several weeks ago, the McKinsey’s Global Institute (MGI) published a report addressing these questions. Digital technologies now touch the economy in myriads of ways.

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The Future of the Globally Integrated Enterprise

Irving Wladawsky-Berger

“In Retreat: Global companies in the era of protectionism,” reads the cover of the January 28 issue of The Economist. Governments in the emerging world welcomed the jobs, exports and technology that global firms brought. Expansion of the middle class and consumer technologies. “The

The Coming Robotics Revolution

Irving Wladawsky-Berger

Hi, Robot: Work and Life in the Age of Automation , reads the Hamlet-inspired cover of the July, 2105 issue of Foreign Affairs. Speculations about a future radically transformed by technology are nothing new.

Should Your Company Get on the Blockchain Learning Curve Now or Wait?

Irving Wladawsky-Berger

I explored this question by comparing blockchain today to the Internet in the early-mid 1990s, which is roughly when the Internet made its own transition from early adopters to mainstream users. A few weeks ago I wrote about the current state of blockchain.

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.

What’s the Value of Blockchain?

Irving Wladawsky-Berger

Such real-world use cases are particularly important when introducing a new, complex set of technologies in the marketplace. They’re the best way of getting on the learning curve for the new technologies as well as of explaining the kinds of problems they help us address.

Minds and Machines

Irving Wladawsky-Berger

Digital technology advances have greatly benefitted the robot’s brains, as they have those of all other computers. Which abilities will continue to be uniquely human as technology races ahead?

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Man, Machine, and Work

Irving Wladawsky-Berger

The June, 2015 issue of the Harvard Business Review includes a spotlight on Man and Machine: Knowledge Work in the Age of the Algorithm. Like no other technology, AI forces us to explore the very boundaries between machines and humans.

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The Rise of the Platform Economy

Irving Wladawsky-Berger

These are among the questions addressed in in a recent report, The Rise of the Platform Enterprise: A Global Survey led by Peter Evans and Annabelle Gawer and sponsored by the Center for Global Enterprise. What do we mean by a platform ?

Skills and Jobs in the Digital Economy

Irving Wladawsky-Berger

Technological revolutions are highly disruptive to economies and societies. The digital revolution has yet to fulfil its promise of higher productivity and better jobs,” said The Economist in a special report on Technology and the World Economy in its October 4th issue. “The