Gross Domestic Product (GDP) and metrics derived from it, like productivity, have been central to our understanding of economic progress. But GDP is a measure of production output, and therefore misses much of the contribution of the digital economy. Join MIT Professor Erik Brynjolfsson for a talk on his research and findings through various new measures that indicate that digital goods have created enormous gains in well-being which are largely missed by conventional measures of GDP and productivity. The talk will be followed by a discussion moderated by AGI Advisory Board Co-Chair Dr Victor K Fung.
Admission is free. First come, first served. Please click here for registration and event information.
MIT Initiative on the Digital Economy
About Erik Brynjolfsson
Erik Brynjolfsson is Director of MIT Initiative on the Digital Economy, Schussel Family Professor at MIT Sloan School, and Research Associate at the National Bureau of Economic Research. His research examines the effects of information technologies on business strategy, productivity and performance, digital commerce, pricing models, and intangible assets. Professor Brynjolfsson was among the first researchers to measure productivity contributions of IT and the complementary role of organizational capital and other intangibles. At MIT, he teaches courses on the Economics of Information and the Analytics Lab.
Author of several books including, with co-author Andrew McAfee, NYTimes best-seller The Second Machine Age: Work, Progress and Prosperity in a Time of Brilliant Technologies (2014) and Machine, Platform, Crowd: Harnessing Our Digital Future (June 2017), Professor Brynjolfsson is editor of SSRN’s Information System Network and has served on editorial boards of numerous academic journals. He holds Bachelors and Masters degrees from Harvard University in Applied Mathematics and Decision Sciences and a PhD from MIT in Managerial Economics. His papers can be found at http://digital.mit.edu/erik.