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?,” Previous technological innovation has always delivered more long-run employment, not less. Is the Robocalypse upon us?,

The Puzzling Personal Productivity Paradox

Irving Wladawsky-Berger

The past 10-15 years have seen a number of technology advances, from smartphones to machine learning. Yet, despite these impressive advances, for most of this period economies around the world have been stuck in an era of slow productivity growth.

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.

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. While technologies may advance rapidly, humans and our institutions change slowly. Why then is productivity growth so lukewarm?

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.

Products

Clark Quinn

I don’t usually talk about products, particularly ones I’ve received as opposed to have chosen. mobile technology However, there are a couple of mentions worth making: GOOD. I won a copy of Navigon. I’d always wanted a GPS, but didn’t want to buy one, figuring they’d get outdated. I was glad to get it, as Google Maps wasn’t allowed to do turn-by-turn on the iPhone. I’ve used it a number of times, and have been very satisfied.

Global Arbitrage and the Productivity Puzzle

Irving Wladawsky-Berger

A couple of weeks ago I wrote about The Productivity Puzzle , - namely that despite our continuing technology advances, the US and other developed economies have experienced a sharp decline in productivity growth over the past 10 to 15 years.

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

It will undoubtedly transform the information technology (IT) industry, but it will also profoundly change the way people work and companies operate. 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.” .

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.

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. One such discussion took place this past September at the The World Summit on Technological Unemployment in New York.

The Top Ten Emerging Technologies of 2017

Irving Wladawsky-Berger

Earlier this year, Scientific American , in collaboration with the World Economic Forum , published a special report on The Top Ten Emerging Technologies of 2017. Off-Grid Devices Draw Drinking Water from Dry Air - “Sunlight-powered moisture-absorbing technologies are becoming economical”.

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. All kinds of new products and services, like Airbnb, are now coming to market.

Can IBM Watson Workspace Save Our Productivity?

Luis Suarez

Apparently, our productivity as employees has been plummeting since the mid 70s. Yet, productivity still is very weak and we don’t seem to succeed in figuring out who (or what) is to blame for that. Yes, indeed, you are reading it right, since the mid 70s !

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.

Continuous learning : it’s a mindset not a technology or product

Jane Hart

In this fast-moving world, we constantly need to learn new stuff. In the workplace, this is particularly important, as I showed in an earlier blog post, where Jacob Morgan talks of the future employee moving from “knowledge worker” (knowing stuff) to “learning worker” (learning new stuff).

Automation Technologies and the Future of Work

Irving Wladawsky-Berger

Last year, McKinsey launched a multi-year study to explore the potential impact of automation technologies on jobs, organizations and the future of work. “Can we look forward to vast improvements in productivity, freedom from boring work, and improved quality of life?,”

It's All About the Business Model, - Not the Technology

Irving Wladawsky-Berger

New technology alone, - no matter how transformative, - is not enough to propel a business into the future. The business model wrapped around the technology is the key to its success or failure. Technology-enabled business models.

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.

Enterprise social technologies

Harold Jarche

I am presenting on enterprise social technologies, learning and performance at the Learning Technologies conference in London today. Office 365 productivity tools. SocialLearning Technology

Productivity and Employment (and Technology): In the Jaws of the Snake

Andy McAfee

Smart guy Jared Bernstein came to MIT yesterday and gave a talk to the seminar Erik Brynjolfsson and I are organizing on how technology is affecting the economy. It’s a graph of American labor productivity growth and employment growth for the whole post-war period.

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. Production: the bundling of different content into a final market-ready product, - a newspaper, TV schedule, cable package or DJ’s playlist.

Technology, Resources and Innovation

Stephen Downes: Half an Hour

Take that base scaffolding and then wrap a learning community around it, based on great teaching, great technology, and the power it provides. I see that technology today, in pockets. We could develop courses by ourselves pre-technology. technology standards.

Five emerging technologies for rapid digital transformation

Dion Hinchcliffe

The enterprise world of technology is finally catching up with the consumer world. Here are some representative examples of new enabling products for faster digital change

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. Schrage’s approach has been more influenced by behavioral economics than by technology or algorithmic advances.

Leveraging Technology

Clark Quinn

Technology is supposed to support our goals, and, when well-written, it does. Here’s the requirement from my publisher: Our production process requires minimal file formatting; do not use formatting such as fields and links, styles, page headers or footers, boxed text, and so on. Um, people, this is why we have technology: to support us in working smarter, not to go to a last-century (or worse) manual process. design meta-learning strategy technology

Global Arbitrage and the Productivity Puzzle

Irving Wladawsky-Berger

A couple of weeks ago I wrote about The Productivity Puzzle , - namely that despite our continuing technology advances, the US and other developed economies have experienced a sharp decline in productivity growth over the past 10 to 15 years. So far, though, economists have failed to reach consensus on the causes of the productivity growth slowdown or indeed the relative significance of the various arguments,” wrote McKinsey.

A Growing Backlash Against the Relentless Advances in Technology?

Irving Wladawsky-Berger

Given the relentless impact of technology-based innovation on just about all aspects of society, I like reading the views of different people on the subject, especially those outside my own worlds of technology and business.

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.

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. technology to automate existing processes wasn’t enough.

Services, Production and Clouds

Irving Wladawsky-Berger

Last week I wrote about the workshop I recently attended in IBM’s Almaden Research Lab on The Co-Evolution of Future Technologies, Skills, Jobs, and Quality-of-Life. Given the major advances in the power and costs of information technologies, many more such service activities are now amenable to be transformed into algorithms and embodied in software. Over the past several years I have given a number of seminars on technology and innovation in services.

The Dearth of Science in Learning Technology

Clark Quinn

Over the years, I’ve looked at a lot of learning technology. First, I generally resist the ‘let me show you our product and give us your opinion’ That’s free consulting, and a very rude ask! strategy technology

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 Clark: My career path naturally didn’t begin with internet technology or mobile or multi-device stuff.

The Puzzling Technology Adoption Discrepancy Between Individuals and Institutions

Irving Wladawsky-Berger

The Foundation index, measures the fast moving advances in technology performance and adoption, as well as the shifts of global public policy that are reducing the barriers to entry and movement. This discrepancy in technology adoption has been observed for the past few years.

What Features Do Technology Companies Need in eLearning Software?

TOPYX LMS

Forward-thinking technology companies understand that both employee and customer training is vital to increased productivity and a healthy bottom line. LMS Software LMS Technology

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?

The Top Ten Emerging Technologies of 2017

Irving Wladawsky-Berger

Earlier this year, Scientific American , in collaboration with the World Economic Forum , published a special report on The Top Ten Emerging Technologies of 2017. These technologies, - selected by a global panel of experts , - “are expected to become increasingly commonplace in the next few years,” and are “attracting increased funding or showing other signs of being ready to move to the next level.”. The full report includes a one-page description of each of these technologies.

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.

Technology Integration in K-12

Stephen Downes: Half an Hour

I was asked, I''m curious as to what you think the three most important things for new teachers to know about technology integration in k-12? The exact technology doesn''t matter much, and has evolved over the years, from the days of email mailing lists, to community bulletin boards, to social networking sites like Twitter and Facebook. That''s because of the question you asked, which focuses on new teachers and technology integration in the classroom.

Non-Technologists Agree: It’s the Technology

Andy McAfee

Both were written by first-rate researchers, none of whom specialize in studying the impact of technology. And both came to the same conclusion: that digital technologies were largely responsible for the phenomena they examined.

Stop Days: The Secret To Nonprofit Productivity

Beth Kanter

The video chat provided a nice opportunity to have conversation in real-time about the relationship between self-care and workplace productivity. Workplace Productivity and Well Being . The blue zone is productivity and as you can see it peaks in the morning (8-10 am) and (4-6 pm).