Tag Archives: technology

Erik Brynjolfsson on Big Data: A revolution in decision-making improves productivity

There is a fundamental change underway in the way that companies make decisions. Instead of relying on a leader’s gut instincts, an increasing number of companies are embracing a new method that involves data-based analytics. This ‘Big Data’ revolution is occurring mainly because technology enables firms to gather extremely detailed information from and propagate knowledge […]

Giacomo Summa on the value of MIT Sloan’s Master of Science in Management Studies Program

Being a student in MIT Sloan’s Master of Science in Management Studies (MSMS) Program is a bit like being a kid in a candy store. There are so many course offerings available within your area of study that it can be very difficult to choose which ones to take. Launched in 2009, the MSMS Program […]

Thomas Malone: Collective intelligence to address climate change — finalists chosen in world-wide contest

It’s been over a year since we launched the Climate CoLab and held our first world-wide contest. Our goal was to create a site to harness the ideas and knowledge of thousands of people to find real solutions to climate change. Inspired by systems like Wikipedia and Linux, we wanted to collect the best collective […]

Matthew Marx: Non-compete agreements and their impact on employees

For businesses that use them, non-compete agreements, which typically bar their employees from joining rival companies for one to two years, offer a clear benefit:  They prevent employees from going to a rival with the knowledge and skills they have acquired on the job. But these agreements also carry a high cost for the employees, […]

Erik Brynjolfsson: New e-book outlines promise and peril of digital revolution

From Economics of Information Blog Andy McAfee and I have just released a short e-book, Race Against the Machine. In it, we try to reconcile two important facts. 1) Technology continues to progress rapidly. In fact, the past decade has seen the fastest productivity growth since the 1960s, but 2) median wages and employment have both […]