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Economics of the Fourth Industrial Revolution: Internet, Artificial Intelligence and Blockchain [Minkštas viršelis]

4.00/5 (2 ratings by Goodreads)
(The University of Queensland, Australia),
  • Formatas: Paperback / softback, 198 pages, aukštis x plotis: 234x156 mm, weight: 453 g, 13 Line drawings, black and white; 13 Illustrations, black and white
  • Serija: Innovation and Technology Horizons
  • Išleidimo metai: 26-Oct-2020
  • Leidėjas: Routledge
  • ISBN-10: 1138366943
  • ISBN-13: 9781138366947
Kitos knygos pagal šią temą:
Economics of the Fourth Industrial Revolution: Internet, Artificial Intelligence and BlockchainDidesnis paveikslėlis
  • Formatas: Paperback / softback, 198 pages, aukštis x plotis: 234x156 mm, weight: 453 g, 13 Line drawings, black and white; 13 Illustrations, black and white
  • Serija: Innovation and Technology Horizons
  • Išleidimo metai: 26-Oct-2020
  • Leidėjas: Routledge
  • ISBN-10: 1138366943
  • ISBN-13: 9781138366947
Kitos knygos pagal šią temą:
Pastovi nuoroda: https://www.kriso.lt/db/9781138366947.html
Raktažodžiai:

This book applies cutting-edge economic analysis and social science to unpack the rich complexities and paradoxes of the Fourth Industrial Revolution. The book takes the reader on a bold, refreshing, and informative tour through its technological drivers, its profound impact on human ecosystems, and its potential for sustainable human development. The overarching message to the reader is that the Fourth Industrial Revolution is not merely something to be feared or survived; rather, this dramatic collision of technologies, disciplines, and ideas presents a magnificent opportunity for a generation of new pioneers to rewrite "accepted rules" and find new avenues to empower billions of people to thrive. This book will help readers to discern the difference between disruption and transformation.

The reader will come away from this book with a deeply intuitive and highly contextual understanding of the core technological advances transforming the world as we know it. Beyond this, the reader will clearly appreciate the future impacts on our economies and social structures. Most importantly, the reader will receive an insightful and actionable set of guidelines to assist them in harnessing the Fourth Industrial Revolution so that both they and their communities may flourish.

The authors do not primarily seek to make prescriptions for government policy; rather, to speak directly to people about what they can do for themselves, their families, and their communities to be future-proofed and ready to adapt to life in a rapidly-evolving world ecosystem.

Recenzijos

"Nicholas Johnson and Brendan Markey-Towler have written a must-read guide to understanding the fourth industrial revolution, its socioeconomic impact, and ways to seize opportunities and overcome possible challenges. Im definitely recommending this to anyone who wants to stay ahead as we continue to integrate technology in different industries and business processes." Tasmin Trezise, President of Workforce.com

"Economics of the Fourth Industrial Revolution is an essential explainer on the future of socio-economic development. Without oversimplifying, it comprehensively dissects the vast terrains of General Purpose Technologies and Mega Technologies through the lens of Brisbane Club Model and its network effect. Nicholas and Brendan highlight the critical structural transformation that is presently underway, and provide the theoretical framework required to understand this change and its future implications. As we navigate the complex cascading effects of globalisation, Economics of the Fourth Industrial Revolution explores crucial insights on how individuals, groups, and communities can effectively leverage these technological advancements. The book uniquely captures the cultural, behavioural, and society metamorphosis propelled by the Fourth Industrial Revolution. Backed with insightful case studies and a coherent conceptual understanding, Nicholas and Brendans writing flows between meta-themes of evolutionary economic and social organisation to practical advice to leverage the potential of emerging technologies. For developing countries like India, and entrepreneurial individuals and communities, Economics of the Fourth Industrial Revolution is a must read. It will help you realise your untapped economic capabilities and orient them to leverage the Fourth Industrial Revolution. In times of disconcerting uncertainty and upheaval, Nicholas and Brendan write with astounding clarity." Utkarsh Amitabh, Founder of Network Capital

List of figures
xi
Acknowledgments xii
1 Introduction: how and why to understand the Fourth Industrial Revolution
1(10)
1 Our approach to the economics of the Fourth Industrial Revolution
3(4)
2 A preview of our arguments
7(4)
References
9(2)
PART I Industrial revolutions: what they are, why they matter, how to analyse them
11(52)
2 Industrial revolutions past, present, and future: a brief overview of how we got here and where we're going
13(18)
1 From economic stagnation to economic growth
14(2)
2 Malthusian dynamics and the pre-growth era
16(3)
3 The industrial revolution: the first
19(2)
4 The technological revolution: the second
21(2)
5 The digital revolution: the third
23(2)
6 The Fourth Industrial Revolution
25(6)
References
27(4)
3 The telos of industrial revolutions: how what people value drives the adoption of new technologies
31(10)
1 Means, ends, and value
32(1)
2 A hierarchy of value
33(5)
3 Industrial revolutions promote higher-order values
38(3)
References
39(2)
4 The "Brisbane Club" model: mind, society, economy as complex evolving networks
41(22)
1 Society and economy as complex evolving networks
42(1)
2 Formation of socioeconomic systems: environment, mind, and socioeconomy
43(2)
3 Evolution of socioeconomic systems: changing environments, changing minds, changing technologies
45(6)
4 Micro-meso-macro: new ways of doing things cause disruption, then re-coordination
51(2)
5 Summary: applying the Brisbane Club model to the mega-technologies of the Fourth Industrial Revolution
53(10)
Technical appendix
54(6)
References
60(3)
PART II Internet: hyper-competition, hyper-growth, and the struggle for attention in global markets
63(32)
5 Global markets and the struggle for attention: communication and platforms in the rapidly-evolving internet age
65(18)
1 The internet: a remarkable data-transfer technology
66(3)
2 Why the internet matters: platforms for socioeconomic interaction on a global scale
69(4)
3 The struggle for attention in the internet: cognitive constraints in a sea of information
73(2)
4 Disruption and re-coordination as global markets emerge: a hyper-charged economy
75(3)
5 Summary: global markets and the struggle for attention present opportunities to be seized and challenges to be mitigated
78(5)
Technical appendix
79(2)
References
81(2)
6 The ocean in your pocket: case studies in global markets and the struggle for attention
83(12)
1 The smartphone and wearable technology
84(1)
2 Education applications
84(1)
3 Entertainment applications
85(2)
4 Text and voice: from reading and typing to listening and speaking
87(1)
5 A tool for democratisation? Who controls the flows?
87(2)
6 Competing platforms, fragmentation, and the market for marketplaces
89(6)
References
91(4)
PART III Artificial intelligence: radical automation and expansion of human capability
95(30)
7 The I, Robot future: human work in an age of artificial intelligence
97(18)
1 The machine with a mind: what artificial intelligence is
98(3)
2 The economics of a machine with a mind: building a substitute for us
101(2)
3 The economic limits of artificial intelligence: where machines arc non-substitutablc for human labour
103(4)
4 Disruption and re-coordination as I, Robot rises: part Utopia, part plutocracy
107(2)
5 Summary: human work in an age of artificial intelligence presents challenges, but also profound opportunities
109(6)
Technical appendix
111(2)
References
113(2)
8 The ghost and the machine: case studies in the I, Robot future
115(10)
1 Automation, capital, and labour
116(3)
2 Prediction and contingency planning
119(1)
3 Comparative advantages of human and machine prediction
120(2)
4 Supply chain optimization
122(3)
References
123(2)
PART IV Blockchain: decentralising power, authority, and the design of systems of governance
125(40)
9 The entrepreneurship of rules: institutions in an age of blockchain
127(16)
1 The ledger of facts: the blockchain as a foundation for privatised institutional governance of platforms
128(3)
2 Adopting a privatised platform with institutional governance: substitution between rule systems
131(4)
3 Disruption and re-coordination as privatised institutional governance emerges: a new era for community-based solutions
135(2)
4 Summary: the cntreprcneurship of rules faces significant challenges, but also presents extraordinary opportunities
137(6)
Technical appendix
138(3)
References
141(2)
10 Leaderless revolutions: case studies in the entrepreneurship of rules
143(22)
1 Coordination, rules, governance, law, and order
143(5)
2 Alternative governance structures for institutions
148(4)
3 Some promising applications for blockchains
152(13)
References
159(6)
PART V Discussion and conclusions: harnessing the Fourth Industrial Revolution in systems building
165(27)
11 The new economy: opportunities, challenges, and what to do about them
167(21)
1 The new economy: global markets and the struggle for attention, Utopia with a hint of plutocracy, and privatised rules
168(4)
2 Opportunities and challenges in the new economy
172(1)
3 Strategies for seizing opportunities and mitigating challenges
173(10)
4 Summary: opportunities and challenges in the Fourth Industrial Revolution and what to do about them
183(5)
References
186(2)
12 Epilogue: a call to engage with a brave new world, and to have contingency plans
188(4)
References
190(2)
Index 192
Nicholas Johnson is an economist and mathematician. He is the Principal Economist at Economists Without Borders. He also holds research and teaching positions at the University of Queensland and Queensland University of Technology. He holds a Master of Public Policy from the Australian National University, and undergraduate degrees in mathematics and economics (with First Class Honours) from Queensland University of Technology. Nicholas is a World Economic Forum Global Shaper.

Brendan Markey-Towler is a behavioural, institutional, evolutionary economist and an Associate with Economists Without Borders. He was previously a Senior Advisor at Evidn, a global behavioural science company headquartered in Brisbane, Australia. He has researched and taught at the University of Queensland, RMIT University, and University College London and holds a PhD in behavioural, institutional, and evolutionary economics and Bachelor of Economics with First Class Honours and a University Medal from the University of Queensland.