A Quote by Erik Brynjolfsson

Before information age, living standards basically were flat. Since then, they've been growing 2 percent a year were about 30 times richer. So technology, machines is really, you know, arguably the most important thing that's happened to humanity in terms of our living standards. You could look to the introduction of digital computers in the 1950s.
When Benjamin Disraeli spoke of the 'two nations' in Britain he was perfectly right, only the working classes were not exactly a nation. But the gap in behavioral standards and in outlook, and of course in standards of living, were enormous. And in course of time, at least in countries such as Britain, the working classes more or less adopted and have become assimilated to the standards of the so-called 'gentle' classes. That is assimilation.The working class has hardly been able to govern, but they are no longer outsiders in relation to the state as they were before.
I was a nerd, growing up, I was really into computers and technology, and most of my friends were basically in that world as well.
The Federal Reserve's objectives of maximum employment and price stability do not, by themselves, ensure a strong pace of economic growth or an improvement in living standards. The most important factor determining living standards is productivity growth, defined as increases in how much can be produced in an hour of work.
People over the age of thirty were born before the digital revolution really started. We've learned to use digital technology-laptops, cameras, personal digital assistants, the Internet-as adults, and it has been something like learning a foreign language. Most of us are okay, and some are even expert. We do e-mails and PowerPoint, surf the Internet, and feel we're at the cutting edge. But compared to most people under thirty and certainly under twenty, we are fumbling amateurs. People of that age were born after the digital revolution began. They learned to speak digital as a mother tongue.
We want to show all of our customers that the industry standards that we had been employing before - which are considered great standards - were not good enough.
Our lives aren't even about doing real things most of the time. We think and talk about people we've never met, pretend to visit places we've never actually been to, discuss things that are just names as though they were as real as rocks or animals or something. Information Age - Hell it's the Imagination Age. We're living in our own minds. No, she decided as the plane began its steep descent, really we're living in other people's minds.
We used to have adults who set standards, moral standards, cultural standards, legal standards. They were better than we were. They gave us something to aspire to. They were people that we described as having dignity and character. That's all gone now, particularly the upper levels of the Democrat Party. There isn't any of that kind of decency, dignity, character, morality.
I started working at a point in history when digital computers were becoming mature, and before that, there were no such machines.
You know if we were to look back and how we were in 1955 living in Jim Crow, living in segregation, living in segregated schools, it's hard to believe that it was America, but it really was.
We really are living in an age of information overload. Google estimates that there are 300 exabytes (300 followed by 18 zeros) of human-made information in the world today. Only four years ago there were just 30 exabytes. We've created more information in the past few years than in all of human history before us.
Since the 1950s (until the early 1990s), girls in Kabul and other cities attended schools. Half of university students were women, and women made up 40 percent of Afghanistan’s doctors, 70 percent of its teachers and 30 percent of its civil servants. A small number of women even held important political posts as members of Parliament and judges. Most women did not wear the burqa.
The global policy shift toward neo-liberalism that took place during the 1980s and 1990s was supposed, according to its proponents, to bring a convergence of living standards of richer and poorer nations. This never actually happened.
I tend to believe that film can try to save what still can be saved, in terms of our histories, our memories. Because a lot of things are disappearing very quickly, things are changing. We are living in very quick times, and we have a new generation who basically know nothing about events 30 years ago.
At the beginning of the 20th century, before the migration began, 90 percent of all African-Americans were living in the South. By the end of the Great Migration, nearly half of them were living outside the South in the great cities of the North and West. So when this migration began, you had a really small number of people who were living in the North and they were surviving as porters or domestics or preachers - some had risen to levels of professional jobs - but they were, in some ways, protected because they were so small.
By 18th century standards, they [Great Britain] were the freest, most dynamic, most willing to challenge tradition and authority. They had the highest wages and highest living standard, and probably the most engagement between the populace and the government of any country. Then the United States took those same qualities to the nth degree, and the British were suddenly appeared stodgy and tradition-bound.
The key thing that I find that when you're kind of in boom times and you're hiring bunches, if you can hire, you know, always maintain very high standards and even if you, you know, can't find enough of, you know, what is typically called A players, then don't hire the people. All right? So, you know, use that as a way of standards.
This site uses cookies to ensure you get the best experience. More info...
Got it!