Big data is set to transform how we make decisions and how we manage people. In this book Jeffrey Muller strikes a cautionary note that whilst data may help us make decisions once we use data to measure performance we may achieve worse outcomes. As data becomes more plentiful value will reside in how we construct and utilise data to improve our judgement.
Daron Acemoglu and Pascual Restrepo show empirically and theoretically that ageing economies don’t necessarily lead to slower growth. They find that the fastest agers have actually maintained growth better than other countries. They focus on how greater use of automation and robots are key to explaining how productivity growth has been maintained.