“The Initiative for the Digital Economy (IDE) is a major effort addressing the impact of digital technology on businesses, the economy, and society. Drawing upon MIT Sloan’s strengths in technology and innovation, its internationally recognized faculty, and over a decade of research and partnership with MIT Sloan’s Center for Digital Business, the new Initiative will analyze the broad sociological changes brought about by digital technology. Many of the key issues are described in a recent book by Professor Erik Brynjolfsson and Dr. Andrew McAfee, Race Against the Machine – How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy. In the book, they outline the relevant issues the new initiative will address…”