Principal Research Scientist MIT Initiative on the Digital Economy
Want some good news about the environment? In America, we have finally learned to grow our economy while taking less from the Earth year after year: less water, timber, and metal; fewer minerals and resources; even less energy. This talk is a show and tell about this profound change. Andy McAfee will show the evidence that we've started getting more from less and tell how it happened. The unlikely heroes of the tale are the cost pressures that come from intense competition and powerful digital tools that reduce the need for resources. In short, prices and processors are now letting us tread more lightly on the Earth. The story is full of surprises and also insights. In particular, it gives us a playbook for dealing with the major challenges still ahead of us: global warming, pollution, and species loss.
How does the work of running a successful company change when:
* Algorithms outperform human experts in more and more domains?
* Computers can be creative and personable?
* Asset-light platforms spread across industries?
* Even extremely sophisticated products become commoditized?
* Many organizations can be bested at their core competence by an online crowd?
* Blockchains, smart contracts, and other technologies of extreme decentralization promise the demise of the corporation?
Drawing on insights from Machine | Platform | Crowd, his most recent book with Erik Brynjolfsson, Dr. McAfee will address these and other questions. He'll provide a vision, sure to spark lively discussion, of what successful companies will look like in as we move deeper into a time of brilliant technologies.