Peter Drucker’s Prescient Vision of Technology

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HFA Staff
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A recent Mckinsey publication carries an article written by Peter F Drucker in 1967. Titled ‘The manager and the moron,’ it famously, and permanently, branded computers as total morons. Drucker was a management visionary, and this article is also notable for his emphasis on how we are forced to become better managers in the process of putting computers to work for ourselves: “Once we have achieved real understanding of what we are doing, we can define our needs and program the computer to fill them.” But for once, let us sidestep the brainless ‘grunt work only’ computers and intellectually challenged…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.