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  • Best advice from your future self - no matter what technology of the age

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Brynjolfsson is an economist at the Massachusetts Institute of Technology (MIT) and co-author of The Second Machine Age, a book that asks what jobs will be left once software has perfected the art of driving cars, translating speech and other tasks once considered the domain of humans.

 

ERIK BRYNJOLFSSON

"The computer processor doubles in power every 18 months, 10 times greater every five years, it's a very different scale of advancement and it's affecting a broader set of the economy than the steam engine did, in terms of all the cognitive tasks. It's happening a lot faster and more pervasively than before."

 

 

 Intel co-founder Gordon Moore, who spotted that the number of transistors packed into a chip doubles about every 18 months. In the 40-plus years since he made that observation the transistor count of computer processors has climbed from 2,300 to more than four billion, and with each doubling comes a leap in the sophistication of the logic the chip can handle.

"The accumulated doubling of Moore's Law, and the ample doubling still to come, gives us a world where supercomputer power becomes available to toys in just a few years, where ever-cheaper sensors enable inexpensive solutions to previously intractable problems, and where science fiction keeps becoming reality," Brynjolfsson and Andrew McAfee, associate director of the Center for Digital Business at MIT, write in the book.

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