The Revolution Will be Digitized: How IT is Affecting Business and Competition (Andrew McAfee)

In 1987 Robert Solow observed that "We see evidence of the computer age everywhere except in the productivity statistics." In 2009, the situation is utterly changed; a large and growing body of evidence reveals that IT is affecting not only productivity, but also competition. And technology's impact is not limited to only a few industries, but is instead being felt throughout the economy. Dr. McAfee will first present evidence of IT's deep and broad impact, then offer an explanation for how the humble computer could be having such a large effect. The "Computer Revolution" in business is actually four distinct but related developments. McAfee will describe each of them, then use case studies to show how leading companies are taking advantage of them to advance within their industries.