We know what productivity growth requires: investments in new technology. For previous generations, this was factories full of machines, first powered by steam and then by electricity. More recently it was the arrival of computers, which changed how work was organized within and across firms.
We often perceive the impact of new technology imperfectly and with a lag, and today is no different. We can see a wave of hardware and software innovations underway — technologies such as 3D printing and distributed ledgers will allow manufacturing and finance to become more dispersed — but it is hard to know exactly where it will take us.
Paul Michelman, editor-in-chief of MIT Sloan Management Review
Within the next five years, how will technology change the practice of management in a way we have not yet witnessed?
MIT Sloan Management Review posed this question to 15 of the world’s foremost experts on the intersection of technology and management who responded in a series of essays available in MIT SMR’s new Fall issue, published online today. The essays were commissioned to celebrate the launch of the magazine’s new Frontiers initiative. Appearing as part of both the print and digital editions, Frontiers explores how technology is reshaping the practice of management.
The acceleration of technology has led to remarkable benefits for business and the economy – but what about people earning middle- and base-level incomes?
Join MIT Sloan Experts’ (@mitsloanexperts) #FutureofWork Twitter chat with Erik Brynjolfsson (@erikbryn), director of the MIT Initiative on the Digital Economy, as he discusses how digital innovations can create a more inclusive, productive and sustainable future for all. Tim O’Reilly (@timoreilly), founder and CEO of O’Reilly Media, will host the chat and ask Erik questions that will help guide the conversation.
The chat will take place on Wednesday, April 13, from 7 p.m. to 8 p.m. EST.
How do you get involved? It’s simple! If you have a question or a response to one of Tim O’Reilly’s questions, just include “#FutureofWork” in your tweet.
The #FutureofWork Twitter chat will promote registration for the MIT Inclusive Innovation Competition, open from March 1 – June 1, 2016, which celebrates organizations that create economic opportunity in the digital era.
Whether Greece stays in the Eurozone and accepts its bitter medicine or is one day forced to exit the single currency, the country’s future is usually regarded as bleak. Either course seems to promise years of hardship and privation for the Greek people.
From another perspective, though, one could see opportunity for Greece. “Never let a crisis go to waste,” is a quote attributed to Winston Churchill, who knew something about crises. Greece today has a chance to turn adversity into advantage. With change in the air, it will be easier for the country’s institutions, government leaders, and people to abandon some of the failed approaches of the past and to embark in new directions.