Economics of information technology

Erik Brynjolfsson

1962

American economist, long at MIT and later director of the Digital Economy Lab at Stanford. His firm-level work with Lorin Hitt showed that the returns to computing were real but arrived only alongside organisational change, and his later "productivity J-curve" applies the same argument to artificial intelligence.

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EconomicsAdvanced

The Productivity Paradox

Computers arrived in every office through the 1970s and 80s. Measured productivity did not move for two decades.

1987 (Solow's remark), debate ongoing17 min read