Innovation Starvation | World Policy Institute

Jaron Lanier, a computer scientist, composer, visual artist, and author of the recent book You are Not a Gadget: A Manifesto, has some insights about the unintended consequences of the Internet?the informational equivalent of a large continent?on our ability to take risks. In the pre-net era, managers were forced to make decisions based on what they knew to be limited information. Today, by contrast, data flows to managers in real time from countless sources that could not even be imagined a couple of generations ago, and powerful computers process, organize, and display the data in ways that are as far beyond the hand-drawn graph-paper plots of my youth as modern video games are to tic-tac-toe. In a world where decision-makers are so close to being omniscient, it?s easy to see risk as a quaint artifact of a primitive and dangerous past.

Innovation Starvation | World Policy Institute

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