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Professor Erik Brynjolfsson (MIT IDE) and Dr. Mohammad Omar (Masdar Institute, Abu Dhabi) Technology is having profound effects on the nature of jobs in economies around the world. While past innovation has typically created more jobs than those displaced, the pattern has been changing in the recent years. The new dynamic challenges the efforts of […]
Professor Erik Brynjolfsson and Dr. Andrew McAfee Sponsor: Markle Foundation This project investigates an under-studied yet critical issue: the impact of digital technologies on the earnings prospects of American workers. Some of the news is clearly bad. The median American household earns less than it did fifteen years ago, labor’s share of national income […]
Professors Erik Brynjolfsson and Kristina McElheran The objective of this project is to determine the “data equity” that top American firms enjoy as a function of their use of data and information technology. It will address the question of whether firms that use data more intensively or more effectively tend to enjoy higher valuations […]
Professor Erik Brynjolfsson and Sagit Bar-Gill Online markets for a large variety of goods have been shown to exhibit long tail properties, with significant aggregate sales of niche products. Mathematically, this translates into sales distributions that follow power laws. Power laws have also been documented in firm-size and personal income distributions, but a study of both […]
Professor Erik Brynjolfsson, Dr. Seon Tae Kim, and Dr. JooHee Oh This project quantifies business implications of the recent rapid growth of the amount of users’ online activities. Users collectively spend billions of person-hours creating user generated contents which is then becomes an asset that produces a stream of value for fellow users, and […]
Professor Erik Brynjolfsson and Dr. JooHee Oh Over the past decade, there has been an explosion of digital services on the Internet, from Google and Wikipedia to Facebook and YouTube. However, the value of these innovations is difficult to quantify, because consumers pay nothing to use them. Traditional approaches based on measuring prices and […]
Professor Erik Brynjolfsson and Dr. Yousef Alhammadi This proposal will address the pros and cons of automation in a pedagogical method. It is the objective to establish a set of metrics that based on well-established surveys and case studies. This proposal will give specific consideration to key industry sectors including aerospace, semiconductor as well […]
Professor Alex Pentland Theories of social physics tell us that human mobility and socialization patterns, along with diversity of behavior and communication patterns, are leading indicators of disposable income and social health. We are using these patterns to mine telecommunications data and credit card data in order to provide a wide range of financial […]