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15.567  The Economics of Information: Strategy, Structure

Fall 2017

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Instructor: Erik Brynjolfsson

TAs: John Robert Muller Benjamin, Shweta Jindal, Eric S Zuk

Lecture:  Tues: 1:00pm - 2:30pm, Thurs: 1:00pm - 2:30pm  (E62-276)
Optional recitation:  Fri: 1-2:30pm (3 times)  (E62-650)      

Information: 

15.567 The Economics of Information provides an analysis of the underlying economics of information with management implications. It studies the effects of digitization and technology on industry, organizational structure, and business strategy The course considers the managerial implications of data-driven decision-making, AI and machine learning, platforms, crowdsourcing, the blockchain, digital experimentation and other important changes in the economy.

Announcements

Thanks! And more on AI & the Future of Work

First, thanks so much for giving me the chance to share some of thinking about the Economics of Information and learn from all of your experiences and thoughtful questions. I always have a lot of fun teaching 15.567 and this year was no exception.

Second, I want to invite you all to join me on November 1 and 2 at Kresge for an amazing conference on AI and the Future of work.

Speakers include:
Eric Schmidt – Executive Chairman, Alphabet, Inc. (remember him?)
Daniela Rus - head of MIT CSAIL
Kai-Fu Lee – Founder, Sinovation Ventures
Yann LeCun – Director of AI Research, Facebook
and many others.

Register here: http://futureofwork.mit.edu/
with his code for complimentary admission:
IDEStudentsComp

I hope to see you next week and wish you all the best in applying the the Economics of Information in your careers and lives.

-Erik

Announced on 23 October 2017  12:51  p.m. by Erik Brynjolfsson

Course Evaluation Due 9am Monday morning Oct 15

We still have two of my favorite topics to discuss this week, but MIT administration says you must complete the course evaluations for 15.567 by tomorrow morning before 9am. If you haven't already done so, please fill yours out as soon as possible:
http://web.mit.edu/subjectevaluation/evaluate.html

I look forward to reading your comments and advice for improving the course.

Announced on 15 October 2017  3:51  p.m. by Erik Brynjolfsson

Memos for Google and Final Paper

I hope you enjoyed our special guest on Thursday. If you would like me to share your memo with advice for Google, you can opt-in by emailing John Benjamin (jrmb@mit.edu) by 7pm Monday. (That is also when your final class memo is due, unless you've already done 7 of 9). I won't share your memo unless you opt-in.

Secondly, a reminder that final project is due on Wednesday evening. I've added a reading on machine learning to stellar material folder for the final class. You might find it relevant for the final paper.

Announced on 15 October 2017  2:32  p.m. by Erik Brynjolfsson

Today's class on Google

Thanks for the excellent memos about Google today.

Before class, please give some thought to how, if at all, you would modify you advice if your memo were addressed to Eric Schmidt, Executive Chairman of Alphabet, instead of to Hal Varian.

Looking forward to lively discussion today!

Announced on 12 October 2017  11:13  a.m. by Erik Brynjolfsson

Final Assignment Posted

15.567 Class,

Many of you reached out asking for more information on the final project. We finally have an update on it. We just posted Final Assignment on stellar. Please review it carefully. 

Feel free to reach out to us if you have any questions.

Cheers,
15.567 Teaching team

Announced on 09 October 2017  4:22  a.m. by Shweta Jindal

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