Erik Brynjolfsson Quotes

Well into the 20th century, scholars viewed economic advances as resulting from commercial innovations enabled by the discoveries of scientists - discoveries that come from outside the economy and out of the blue.

Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it's much more important than free trade.

We know that, when it comes to technology and the economy, if you're not constantly moving forward, then - without a doubt - you're moving backwards.

Technological innovation is indeed important to economic growth and the enhancement of human possibilities.

If you ask an economist what's driven economic growth, it's been major advances in things that mattered - the mechanization of farming, mass manufacturing, things like that. The problem is, our society is not organized around doing that.

The United States as we know it today is largely the result of mechanical inventions, and in particular of agricultural machinery and the railroad.

Government isn't that good at rapid advancement of technology. It tends to be better at funding basic research. To have things take off, you've got to have commercial companies do it.

Industrial forces set in motion by steam and electricity have materially changed the structure of our civilization.

The history of economic growth is the history of people making more with less and shifting into new jobs that were unheard of in the previous generation.

Every great invention takes a livelihood away from 50,000 men--& within ten years creates a livelihood for half a million.

Technology is the future, I have seen the third industrial revolution, and we are in the midst of the fourth industrial revolution.

We adapt to technological progress by raising our minimum standards of living and working to stay above this rising threshold.

The U.S. has always been a global innovation vanguard - driving advancements in computing, communication, and media to rail, automobiles, and aeronautics.

There might be new technology, but technological progress itself was nothing new - and over the years it had not destroyed jobs, but created them.

Nothing increases the number of jobs so rapidly as labor-saving machinery, because it releases wants theretofore unknown, by permitting leisure.

Those who admire modern civilization usually identify it with the steam engine and the electric telegraph.

Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.

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.

Mobile is the perfect example of what is enabling economic growth in the technology sector.

I see in industrialization the central problem of building in our time. If we succeed in carrying out this industrialization, the social, economic, technical, and also artistic problems will be readily solved.

The only way you multiply resources is with technology. To really affect poverty, energy, health, education, or anything else - there is no other way.

Mass prosperity came with the mass innovation that sprung up in 1815 in Britain, soon after in America, and later in Germany and France: It brought sustained growth to these nations - also to nations with entrepreneurs willing and able to copy the innovations.

The two great agents of the physical world have become subject to the will of man and have been made subservient to his wants and enjoyments; I allude to steam and electricity, under whatever name the latter may be called.

People use technology only to mean digital technology. Technology is actually everything we make.

I don't think love for technology itself breeds change.