The Second Machine Age

Driverless cars and 3D printers are harbingers of a new era, argue MIT colleagues Brynjolfsson (Director/Center for Digital Business; co-author, Wired for Innovation: How Information Technology Is Reshaping the Economy, 2013, etc.) and McAfee (Principal Research Scientist/Center for Digital Business; Enterprise 2.0: New Collaborative Tools for Your Organisation’s Toughest Challenges, 2009, etc.). Some 200 years […]

Generating wealth rather than trading money

Did you know that if you invest $6M in a dairy farm on average you will generate $1M of revenue, you will give employment to 2.6 people and your business will have another job or so associated with it, whereas if you invest only $3M in manufacturing you will on average generate $10M of revenue, […]