Erik Brynjolfsson Keynote Topics
Machine, Platform, Crowd: Harnessing Our Digital Future
In this presentation, Brynjolfsson combines his earlier thesis on the advent of the second machine age with further research on the effects of digital platforms and a limitless abundance of data to paint a full picture of the “new economy,” and how to harness its power rather than be sunk by change. He explains how the technologies that will evolve our abilities is already here and will radically accelerate in the next few years. But, just as businesses were slow to adapt to new technologies like electricity, many leaders today are trapped by outdated assumptions, processes and strategies.
Management in the Second Machine Age
According to Erik Brynjolfsson, the world’s foremost expert on how rapid advances in technology will impact businesses and the economy, machine learning (ML) has evolved to the point at which intelligent agents, autonomous robots and other devices can learn to do things on their own, with little or no need for human programming. This will have radical consequences, as advancements in AI over the next decade will far exceed all the developments of the past.
This talk builds on his best-selling book, “The Second Machine Age,” but also goes well beyond it, drawing on recent advances in machine learning. Brynjolfsson focuses on how entrepreneurs and business managers must address and react to this new wave of technology.
How Technology is Reshaping the Economy, Society, and the Future of Work
At many stages in human history, rapid and far-reaching technological change has prompted social upheaval and the need for an overhaul of political and social systems. We are now in the midst of one such stage, according to Erik Brynjolfsson. Machine learning has taken artificial intelligence (AI) to a new level, one in which machines can learn complicated tasks on their own rather than relying on human programmers. The impact on society has only just begun, with humans being displaced in industries across the board – even technology jobs are under threat due to devices’ ability to program themselves. The second wave of the second machine age, as Brynjolfsson calls it, poses a dilemma for policymakers: if the old model based on a general availability of work at all skill levels is quickly becoming antiquated, what will replace it?