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Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Under state our progress. because the new machine age is more about knowledge creation than just physical pro dpuks. it's mind not matter, brain not brawn, ideas not things. that creates a problem for standard metrics, because we are getting more and more stuff for free. >> eric joins us now. what do you mean ideas create a problem for standard metrics? >> wikipedia has tremendous value for me and other people. it is available for free that means that it doesn't show up in their gdp statistics which measures value of goods and services bought and soeltd. >> one example you used is the robot ib...

The new machine age is more 'knowledge creation than physical production, it is mind not matter, brain not braun, ideas not things that creates eye problem for -- creates a problem for standard metrics we're getting more and more stuff for free. john: eric is joining us now what did that mean. >> wikipedia available for free, that means it does not show up in their statistics that measure value of goods and services bought and sold. john: one example you used in youred to talk, robot that -- ted talk was ibm named watson, that went on jeopardy to compete with people and lost, but that was in 2...