Best 8 quotes of Andrew Mcafee on MyQuotes

Just in the past couple years, we've seen digital tools display skills and abilities that ... eat deeply into what we human beings do for a living.

The changes are coming so quickly it's been difficult for workers to retrain themselves and for entrepreneurs to figure out where the next opportunities may be. The catalyst is something called computer learning or artificial intelligence - the ability to feed massive amounts of data into supercomputers and program them to teach themselves and improve their performance.

The world is one big data problem.

Because we humans are so fond of our judgment, and so overconfident in it, many of us, if not most, will be too quick to override the computers, even when their answer is better.

Getting rid of human judgments altogether—even those from highly experienced and credentialed people—and relying solely on numbers plugged into formulas, often yields better results.

Our world is increasingly complex, often chaotic, and always fast-flowing. This makes forecasting something between tremendously difficult and actually impossible, with a strong shift toward the latter as timescales get longer.

Pricing strategies for two-sided networks can be aggressive and seemingly nonsensical if you don’t understand their peculiar economics. In particular, changes in the quantity demanded on one side of the network can affect demand on the other side of the network...Lowering the price on one side of the network increases demand on both sides of the network, creating an extra benefit for each price cut.

Sometimes ones man's creativity is another machine's brute force analysis