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IWB
VP Emeritus: IBM; Research Affiliate: MIT
Recent Activity
The blockchain first came to light in 2008 as the digital ledger for bitcoin transactions. The blockchain creator’s original vision was limited to enabling peer-to-peer bitcoin transactions with no need for a bank or government agency to certify the validity... Continue reading
Posted 4 days ago at Irving Wladawsky-Berger
A firm’s financial statement comprises two distinct types of assets. Tangible assets are mostly physical in nature, and include vehicles, land, plants, equipment, and furniture, as well as financial assets like stocks, bonds, account receivables, and cash which have a... Continue reading
Posted Apr 3, 2021 at Irving Wladawsky-Berger
In June, 2008 I gave a talk at a conference on The Promise and Reality of Cloud Computing. In his closing remarks, the conference organizer noted that most everyone had agreed that something big and profound was going on, but... Continue reading
Posted Mar 27, 2021 at Irving Wladawsky-Berger
A few years ago, I attended a seminar by University of Toronto professor Avi Goldfarb on the economic value of AI. Goldfarb explained that the best way to assess the impact of a new radical technology is to look at... Continue reading
Posted Mar 20, 2021 at Irving Wladawsky-Berger
What is meant by the liberal arts? Here is a succinct dictionary definition: “The academic course of instruction intended to provide general knowledge and usually comprising the arts, humanities, natural sciences, and social sciences, as opposed to professional or technical... Continue reading
Posted Mar 13, 2021 at Irving Wladawsky-Berger
For the past few years, McKinsey has been conducting a yearly online survey to help assess the state of AI adoption. The 2019 survey garnered responses from over 2,300 companies, and found that AI was becoming more mainstream, with nearly... Continue reading
Posted Mar 6, 2021 at Irving Wladawsky-Berger
I first became interested in blockchain technologies when in 2016 the World Economic Forum (WEF) named The Blockchain in its annual list of Top Ten Emerging Technologies citing its potential to fundamentally change the way markets and governments work. The... Continue reading
Posted Feb 27, 2021 at Irving Wladawsky-Berger
Over the past few decades, economies and societies around the world have been going through historical transformations as they transition from the industrial age of the past two centuries to a 21st century digital age. Companies - especially large, global... Continue reading
Posted Feb 20, 2021 at Irving Wladawsky-Berger
A few months ago, Babson College professor Tom Davenport convened a virtual meeting of chief data and analytic officers (CDAO) from a variety of industries to discuss how to best achieve a return on investments (ROI) in AI. “We wanted... Continue reading
Posted Feb 13, 2021 at Irving Wladawsky-Berger
“Spurred on by the world reaction to the disruptions caused by the global pandemic in 2020, the global economy remains on its way to its digital destiny, as most products and services are based on a digital delivery model or... Continue reading
Posted Feb 6, 2021 at Irving Wladawsky-Berger
Remote work has been around for a few decades, but took off in the mid-late 1990s with the explosive growth of the Internet. There were predictions that the Internet would lead to the decline of cities, because technology was making... Continue reading
Posted Jan 30, 2021 at Irving Wladawsky-Berger
We’ve long associated innovation breakthroughs with science and technology coming out of R&D labs, e.g., the transistor, penicillin, DNA sequencing, TCP/IP protocols, and so on. Such major lab-based breakthroughs are at one end of the innovation spectrum. At the other... Continue reading
Posted Jan 23, 2021 at Irving Wladawsky-Berger
“Take all the physical assets owned by all the companies in the S&P 500, all the cars and office buildings and factories and merchandise, then sell them all at cost in one giant sale, and they would generate a net... Continue reading
Posted Jan 16, 2021 at Irving Wladawsky-Berger
A few weeks ago The Economist published The World in 2021, it’s 35th annual look at the economic, political, social and cultural trends that will likely shape the coming year. Overall, 2021 will be a year of unusual uncertainty given... Continue reading
Posted Jan 9, 2021 at Irving Wladawsky-Berger
“American capitalism has evolved time and again, and we may be poised for another such shift,” said a recent McKinsey article, Rethinking the future of American capitalism, by James Manyika, Gary Pinkus, and Monique Tuin. “Capitalism has contributed to significant... Continue reading
Posted Jan 2, 2021 at Irving Wladawsky-Berger
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The October 10 issue of The Economist includes a special report on the impact of covid-19 on the global economy, with eight article on the subject. “The pandemic has caused the world’s economies to diverge,” notes the issue’s overview article.... Continue reading
Posted Dec 26, 2020 at Irving Wladawsky-Berger
I learned about The Constitution of Knowledge, - a 2018 National Affairs essay by author and journalist Jonathan Rauch, - from a recent OpEd by NY Times columnist David Brooks. In his “remarkable essay,” wrote Brooks, “Rauch pointed out that... Continue reading
Posted Dec 19, 2020 at Irving Wladawsky-Berger
A 2019 study found that the average digitization level across all industry sectors was only around 25% of their ultimate potential. But, the pandemic has now made the case for accelerating the digital transformations firms and economies were forced to... Continue reading
Posted Dec 12, 2020 at Irving Wladawsky-Berger
“What now?,” asked a recent McKinsey article on the implications of Covid for business. “Over the past six months, they have reorganized supply chains, set up remote operations, and made tough financial decisions. But without a COVID-19 vaccine yet available,... Continue reading
Posted Dec 5, 2020 at Irving Wladawsky-Berger
The elegant mathematical models of classical mechanics depict a world in which objects exhibit deterministic behaviors. These models make perfect predictions within the accuracy of their human-scale measurements. But, once you start dealing with atoms, molecules and exotic subatomic particles,... Continue reading
Posted Nov 28, 2020 at Irving Wladawsky-Berger
On November 18, the MIT Task Force on the Work of the Future released its final report, The Work of the Future: Building Better Jobs in an Age of Intelligent Machines. The Task Force was commissioned in the spring of... Continue reading
Posted Nov 21, 2020 at Irving Wladawsky-Berger
On September 13, 1970, the NY Times Magazine published an essay by University of Chicago economist and 1976 Nobel Prize recipient Milton Friedman - “The Social Responsibility of Business is to Increase its Profits.” Friedman’s essay turned out to be... Continue reading
Posted Nov 14, 2020 at Irving Wladawsky-Berger
The Public Face of Science was launched four years ago by the American Academy of Arts and Sciences to better understand the complex relationship between scientists and the American public. The initiative has now published three reports. The first, Perceptions... Continue reading
Posted Nov 7, 2020 at Irving Wladawsky-Berger
After decades of promise and hype, artificial intelligence is finally becoming one of the most important technologies of our era. AI technologies, like machine learning, are clearly having a major impact on the very nature of work. But, how can... Continue reading
Posted Oct 31, 2020 at Irving Wladawsky-Berger
The belief that efficiency is fundamental to competitive advantage has turned management into a science, whose objective is the elimination of waste, - whether of time, materials, or capital, - wrote Roger Martin in “The High Price of Efficiency,” a... Continue reading
Posted Oct 24, 2020 at Irving Wladawsky-Berger