9 results on '"Brynjolfsson E"'
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2. GDP-B: ACCOUNTING FOR THE VALUE OF NEW AND FREE GOODS IN THE DIGITAL ECONOMY
- Author
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Brynjolfsson, E, Collis, A, Diewert, EW, Fox, KJ, Brynjolfsson, E, Collis, A, Diewert, EW, and Fox, KJ
- Published
- 2019
3. Companies inadvertently fund online misinformation despite consumer backlash.
- Author
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Ahmad W, Sen A, Eesley C, and Brynjolfsson E
- Subjects
- Humans, Communication, Motivation, Uncertainty, Male, Female, Advertising economics, Consumer Behavior, Decision Making, Disinformation, Industry economics, Internet economics
- Abstract
The financial motivation to earn advertising revenue has been widely conjectured to be pivotal for the production of online misinformation
1-4 . Research aimed at mitigating misinformation has so far focused on interventions at the user level5-8 , with little emphasis on how the supply of misinformation can itself be countered. Here we show how online misinformation is largely financed by advertising, examine how financing misinformation affects the companies involved, and outline interventions for reducing the financing of misinformation. First, we find that advertising on websites that publish misinformation is pervasive for companies across several industries and is amplified by digital advertising platforms that algorithmically distribute advertising across the web. Using an information-provision experiment9 , we find that companies that advertise on websites that publish misinformation can face substantial backlash from their consumers. To examine why misinformation continues to be monetized despite the potential backlash for the advertisers involved, we survey decision-makers at companies. We find that most decision-makers are unaware that their companies' advertising appears on misinformation websites but have a strong preference to avoid doing so. Moreover, those who are unaware and uncertain about their company's role in financing misinformation increase their demand for a platform-based solution to reduce monetizing misinformation when informed about how platforms amplify advertising placement on misinformation websites. We identify low-cost, scalable information-based interventions to reduce the financial incentive to misinform and counter the supply of misinformation online., (© 2024. The Author(s).)- Published
- 2024
- Full Text
- View/download PDF
4. Will Generative Artificial Intelligence Deliver on Its Promise in Health Care?
- Author
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Wachter RM and Brynjolfsson E
- Subjects
- Diffusion of Innovation, Artificial Intelligence standards, Artificial Intelligence trends, Delivery of Health Care methods, Delivery of Health Care trends
- Abstract
Importance: Since the introduction of ChatGPT in late 2022, generative artificial intelligence (genAI) has elicited enormous enthusiasm and serious concerns., Observations: History has shown that general purpose technologies often fail to deliver their promised benefits for many years ("the productivity paradox of information technology"). Health care has several attributes that make the successful deployment of new technologies even more difficult than in other industries; these have challenged prior efforts to implement AI and electronic health records. However, genAI has unique properties that may shorten the usual lag between implementation and productivity and/or quality gains in health care. Moreover, the health care ecosystem has evolved to make it more receptive to genAI, and many health care organizations are poised to implement the complementary innovations in culture, leadership, workforce, and workflow often needed for digital innovations to flourish., Conclusions and Relevance: The ability of genAI to rapidly improve and the capacity of organizations to implement complementary innovations that allow IT tools to reach their potential are more advanced than in the past; thus, genAI is capable of delivering meaningful improvements in health care more rapidly than was the case with previous technologies.
- Published
- 2024
- Full Text
- View/download PDF
5. A causal test of the strength of weak ties.
- Author
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Rajkumar K, Saint-Jacques G, Bojinov I, Brynjolfsson E, and Aral S
- Abstract
The authors analyzed data from multiple large-scale randomized experiments on LinkedIn's People You May Know algorithm, which recommends new connections to LinkedIn members, to test the extent to which weak ties increased job mobility in the world's largest professional social network. The experiments randomly varied the prevalence of weak ties in the networks of over 20 million people over a 5-year period, during which 2 billion new ties and 600,000 new jobs were created. The results provided experimental causal evidence supporting the strength of weak ties and suggested three revisions to the theory. First, the strength of weak ties was nonlinear. Statistical analysis found an inverted U-shaped relationship between tie strength and job transmission such that weaker ties increased job transmission but only to a point, after which there were diminishing marginal returns to tie weakness. Second, weak ties measured by interaction intensity and the number of mutual connections displayed varying effects. Moderately weak ties (measured by mutual connections) and the weakest ties (measured by interaction intensity) created the most job mobility. Third, the strength of weak ties varied by industry. Whereas weak ties increased job mobility in more digital industries, strong ties increased job mobility in less digital industries.
- Published
- 2022
- Full Text
- View/download PDF
6. Using massive online choice experiments to measure changes in well-being.
- Author
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Brynjolfsson E, Collis A, and Eggers F
- Subjects
- Humans, Choice Behavior, Gross Domestic Product, Models, Economic, Social Media
- Abstract
Gross domestic product (GDP) and derived metrics such as productivity have been central to our understanding of economic progress and well-being. In principle, changes in consumer surplus provide a superior, and more direct, measure of changes in well-being, especially for digital goods. In practice, these alternatives have been difficult to quantify. We explore the potential of massive online choice experiments to measure consumer surplus. We illustrate this technique via several empirical examples which quantify the valuations of popular digital goods and categories. Our examples include incentive-compatible discrete-choice experiments where online and laboratory participants receive monetary compensation if and only if they forgo goods for predefined periods. For example, the median user needed a compensation of about $48 to forgo Facebook for 1 mo. Our overall analyses reveal that digital goods have created large gains in well-being that are not reflected in conventional measures of GDP and productivity. By periodically querying a large, representative sample of goods and services, including those which are not priced in existing markets, changes in consumer surplus and other new measures of well-being derived from these online choice experiments have the potential for providing cost-effective supplements to the existing national income and product accounts., Competing Interests: The authors declare no conflict of interest., (Copyright © 2019 the Author(s). Published by PNAS.)
- Published
- 2019
- Full Text
- View/download PDF
7. Toward understanding the impact of artificial intelligence on labor.
- Author
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Frank MR, Autor D, Bessen JE, Brynjolfsson E, Cebrian M, Deming DJ, Feldman M, Groh M, Lobo J, Moro E, Wang D, Youn H, and Rahwan I
- Abstract
Rapid advances in artificial intelligence (AI) and automation technologies have the potential to significantly disrupt labor markets. While AI and automation can augment the productivity of some workers, they can replace the work done by others and will likely transform almost all occupations at least to some degree. Rising automation is happening in a period of growing economic inequality, raising fears of mass technological unemployment and a renewed call for policy efforts to address the consequences of technological change. In this paper we discuss the barriers that inhibit scientists from measuring the effects of AI and automation on the future of work. These barriers include the lack of high-quality data about the nature of work (e.g., the dynamic requirements of occupations), lack of empirically informed models of key microlevel processes (e.g., skill substitution and human-machine complementarity), and insufficient understanding of how cognitive technologies interact with broader economic dynamics and institutional mechanisms (e.g., urban migration and international trade policy). Overcoming these barriers requires improvements in the longitudinal and spatial resolution of data, as well as refinements to data on workplace skills. These improvements will enable multidisciplinary research to quantitatively monitor and predict the complex evolution of work in tandem with technological progress. Finally, given the fundamental uncertainty in predicting technological change, we recommend developing a decision framework that focuses on resilience to unexpected scenarios in addition to general equilibrium behavior., Competing Interests: The authors declare no conflict of interest., (Copyright © 2019 the Author(s). Published by PNAS.)
- Published
- 2019
- Full Text
- View/download PDF
8. What can machine learning do? Workforce implications.
- Author
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Brynjolfsson E and Mitchell T
- Subjects
- Decision Making, Humans, Machine Learning statistics & numerical data, Work economics, Workplace economics
- Published
- 2017
- Full Text
- View/download PDF
9. Track how technology is transforming work.
- Author
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Mitchell T and Brynjolfsson E
- Subjects
- Artificial Intelligence statistics & numerical data, Artificial Intelligence trends, Efficiency, Efficiency, Organizational statistics & numerical data, Employment economics, Employment statistics & numerical data, Humans, Policy Making, Technology statistics & numerical data, United States, Workforce, Efficiency, Organizational trends, Employment trends, Research trends, Technology trends
- Published
- 2017
- Full Text
- View/download PDF
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