Learn More About Erik Brynjolfsson
As technology continues to transform jobs, and replace some of them, what will it take for people to survive and thrive in the post-pandemic era? New York Times bestselling author Erik Brynjolfsson, the Jerry Yang and Akiko Yamazaki Professor and Senior Fellow at Stanford Institute for Human-Centered AI (HAI), urges companies not to fight technology, but to race with the machines.
Brynjolfsson’s research examines the effects of information technologies on business strategy, productivity, performance, digital commerce, and intangible assets. He says digital technologies, particularly AI and machine learning, are igniting a business revolution that will be more disruptive and world-changing than any other period in history. He urges leaders to view this as an opportunity, not an obstacle. Since companies will still need people with creative, interpersonal and problem-solving skills, he offers decision makers a roadmap to restructuring the right way. As a consultant, educator and author, he helps organizations sort out which tasks are better assigned to machines and which to humans, so they can strategically plan forward before laying off the wrong people.
“COVID has accelerated a shift to remote work – about 50% of Americans are now working remotely – but also a shift to automation and machine learning. It has compressed a decade’s worth of business transformation into ten weeks,” says Brynjolfsson, one of the most cited researchers on IT and economics. “Companies are laying off trillions of dollars’ worth of human capital, and they’re not doing it with a vision of where they’re going to be on the other side. The pandemic is an acid test for good management.”
Through his work as Director of the Stanford Digital Economy Lab, Brynjolfsson helps companies and economies decipher, prepare for and capitalize on the technological changes that will impact everything from employment and health care to education and socio-economic mobility. His two New York Times bestselling books, co-authored with Andrew McAfee, capture his innovative approach to leveraging technology for long-term business benefits: “Machine, Platform, Crowd: Harnessing Our Digital Future” (2018) and “The Second Machine Age: Work, Progress and Prosperity in a Time of Brilliant Technologies” (2016).
“My research has enabled me to understand how these awe-inspiring technologies are transforming the economy and how they’re going to change work, employment and innovation,” Brynjolfsson said. “As organizations are doing a tremendous amount of restructuring because of COVID, I advise them on how to do it the smart way so they will come out stronger on the other side of the pandemic.”
Erik Brynjolfsson is the Jerry Yang and Akiko Yamazaki Professor and Senior Fellow at the Stanford Institute for Human-Centered AI (HAI), and Director of the Stanford Digital Economy Lab. He also is the Ralph Landau Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR), Professor by Courtesy at the Stanford Graduate School of Business and Stanford Department of Economics, and a Research Associate at the National Bureau of Economic Research (NBER). He and Andrew McAfee are the only people named to both the Thinkers50 list of the world’s top management thinkers and the Politico 50 group of people transforming American politics.
Prior to joining Stanford, Brynjolfsson was Director of the MIT Initiative on the Digital Economy. He holds bachelor’s and master’s degrees from Harvard University in applied mathematics and decision sciences and earned his doctorate in managerial economics from MIT. He holds five patents.
Erik Brynjolfsson is available to advise your organization via virtual and in-person consulting meetings, interactive workshops and customized keynotes through the exclusive representation of Stern Speakers & Advisors, a division of Stern Strategy Group®.