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Charles Kane

Charles Kane

Department: Senior Lecturer

Contact: (617) 253-3386,

Expertise: Accounting, domestic; Accounting, international; Africa; Alliances; Analyst forecasts; Argentina; Asia; Asia Pacific; Auditing/auditors; Banking; Banking management; Brazil; Business education; Business ethics; Business intelligence; Business plans; Capital budgeting; Capital controls; Capital market; Chemical; China; Competitive strategy; Component software technologies; Computer aided software engineering; Computer industry; Corporate finance; Corporate governance; Corporate strategy and policy; Cross-cultural awareness; Cultural differences; Data acquisition; Data storage; Database and information integration technologies; Derivatives; Developing countries; Disclosure; Distance learning; Downsizing; E-commerce; Earnings manipulations; eBay; Education; Elevator pitch; Emerging markets; Entrepreneurial finance; Entrepreneurial management; Entrepreneurship / New ventures; Equities; Euro; Exchange rates; Executive education; Financial engineering; Financial reporting; Financial services; Financial statement analysis; Foreign investment; Futures; Global entrepreneurship; Global sales strategies; Globalization; Google; High technology companies; Interest rates; International corporate strategy; International finance; International management; International trade; Internet security; Internet software; Internet software/applications; Internet strategy; Investment banking; Investor relations; K-12 education; Knowledge sharing; Logistics; MBA; Mergers and acquisitions; Microsoft; Monetary policy; Negotiation and conflict resolution; Non-profits; Online feedback mechanisms; Operations management; Options; Options pricing, valuation; Price fixing; Private equity; Privatization; Process control; Project management; Research, academic; Revenue management; Risk management; Sales force automation; Sales support systems and databases; Sarbanes-Oxley compliance; Service industry; Software; Startups; Strategic management; Strategic planning; Supply chain management; Tax policy; Taxation, corporate; Turkey; Venture capital

John Little

John Little

Institute Professor

Department: Professor of Marketing

Contact: (617) 253-3738,

Expertise: Consumer packaged goods; Database marketing; Electronic commerce; Marketing

Robots will stay in the back seat in the second machine age — Andrew McAfee and Erik Brynjolfsson

From the Financial Times It is easy to be pessimistic about jobs and pay these days. More and more work is being automated away by ever more powerful and capable technologies. Not only can computers transcribe and translate normal human speech, they can also understand it well enough to carry out simple instructions. Machines now make sense of huge pools of unstructured information, and in many cases detect patterns and draw inferences better than highly trained and experienced humans. Recent advances include autonomous cars and aircraft, and robots that can work alongside humans in factories, warehouses and the open air. These innovations are quickly leaving the lab and entering the wider economy, bringing new challenges for workers from tax preparers to burger flippers. Many have concluded that the era of large-scale technological unemployment has finally arrived. For these observers, labour trends visible in many countries – declining real wages and social mobility; rising inequality and polarisation; … Read More »The post Robots will stay in the back seat in the second machine age — Andrew McAfee and Erik Brynjolfsson appeared first on MIT Sloan Experts.

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