Reinventing Capitalism in the Age of Big Data

Markets have long been acknowledged to be a superior mechanism for managing resources but until the advent of big data, they largely functioned better in theory than in practice.

Reinventing Capitalism in the Age of Big Data

Reinventing Capitalism in the Age of Big Data

Markets have long been acknowledged to be a superior mechanism for managing resources but until the advent of big data, they largely functioned better in theory than in practice. Now, as ideal markets are within reach because of vastly greater access to information, we are on the verge of a major disruption. As data becomes a more valuable asset than cash, the rules for surviving and thriving are changing. Reinventing Capitalism is a provocative look at how data is reinventing markets and, in so doing, is ushering in an era where the firm is no longer predominant. With richer and more comprehensive information about human wants and needs, an economy powered by data offers the possibility of increased abundance, equality, and resilience. The data-driven markets that will thrive in this environment are far better than firms at organizing human endeavors, meaning that finance driven capitalism is being displaced by its more efficient, moresustainable, and more democratic disruptor: data capitalism.

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Reinventing Capitalism in the Age of Big Data
Language: en
Pages: 288
Authors: Viktor Mayer-Schonberger, Thomas Ramge
Categories: Business & Economics
Type: BOOK - Published: 2018-02-22 - Publisher: Hachette UK

Markets have long been acknowledged to be a superior mechanism for managing resources but until the advent of big data, they largely functioned better in theory than in practice. Now, as ideal markets are within reach because of vastly greater access to information, we are on the verge of a
Reinventing Capitalism in the Age of Big Data
Language: en
Pages: 352
Authors: Viktor Mayer-Schönberger, Thomas Ramge
Categories: Big data
Type: BOOK - Published: 2018 - Publisher:

Discusses how data is replacing money as the driver of market behavior and shares predictions for how data will revolutionize the market economy and make cash, banks, and big companies obsolete.
Exam Prep for: Reinventing Capitalism in the Age of Big Data
Language: en
Pages:
Authors: Viktor Mayer-Schönberger, Thomas Ramge
Categories: Big data
Type: - Published: - Publisher:

Books about Exam Prep for: Reinventing Capitalism in the Age of Big Data
AI in the Wild
Language: en
Pages: 272
Authors: Peter Dauvergne
Categories: Computers
Type: BOOK - Published: 2020 - Publisher:

"The first book to analyze the consequences of the political economy of artificial intelligence for global sustainability"--
Society and the Internet
Language: en
Pages: 480
Authors: Mark Graham, William H. Dutton
Categories: Business & Economics
Type: BOOK - Published: 2019-07-18 - Publisher: Oxford University Press, USA

This second edition of Society and the Internet provides key readings for students, scholars, and those interested in understanding the interactions of the Internet and society, introducing new and original contributions examining the escalating concerns around social media, disinformation, big data, and privacy. The chapters are grouped into five focused

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