ISBN:
9783319150789
Language:
English
Pages:
Online-Ressource (xiii, 194 pages)
,
color illustrations
Edition:
Online-Ausg.
Parallel Title:
Print version Thinking Ahead - Essays on Big Data, Digital Revolution, and Participatory Market Society
DDC:
005.7
Keywords:
Internet Political aspects
;
Data mining
;
Big data
;
Internet Social aspects
;
Big data..
;
Data mining..
;
Internet ; Social aspects..
;
Internet ; Political aspects
;
Electronic books
Abstract:
The rapidly progressing digital revolution is now touching the foundations of the governance of societal structures. Humans are on the verge of evolving from consumers to prosumers, and old, entrenched theories - in particular sociological and economic ones - are falling prey to these rapid developments. The original assumptions on which they are based are being questioned. Each year we produce as much data as in the entire human history - can we possibly create a global crystal ball to predict our future and to optimally govern our world? Do we need wide-scale surveillance to understand and
Description / Table of Contents:
About the Author; Preface; Contents; Chapter 1 Introduction--Have We Opened Pandora's Box?; 1.1 Global Financial, Economic and Public Spending Crisis; 1.2 Need of a ``Knowledge Accelerator''; 1.3 We are Experiencing a Digital Revolution; 1.4 Threats to the Average Citizen; 1.5 Threats so Big that One Cannot Even Talk About Them; 1.6 Are we Entering an Age of Discrimination?; 1.7 Threats to Companies; 1.8 Political and Societal Risks; 1.9 Are the Secret Services Democratically well Controlled?; 1.10 What Kind of Society are we Heading to?; 1.11 ``Big Governments'' Fueled by ``Big Data''
Description / Table of Contents:
1.12 We Must Move Beyond September 111.13 What Needs to be Done; 1.14 A Better Future, Based on Self-Regulation; References; Chapter 2 Lost Robustness; 2.1 Understanding Complex Systems; 2.2 Criticality and Lack of Transparency; 2.3 Acceleration and De-Compartmentalization; 2.4 Systemic Stability and Trust; 2.5 Utilizing Control Features of Complex Systems; 2.6 Author Information; Chapter 3 How and Why Our Conventional Economic Thinking Causes Global Crises; 3.1 ``More Networking Is Good and Reduces Risks''; 3.2 ``The Economy Tends Towards an Equilibrium State''
Description / Table of Contents:
3.3 ``Individuals and Companies Decide Rationally''3.4 ``Selfish Behavior Optimizes the Systemic Performance and Benefits Everyone''; 3.5 ``Financial Markets Are Efficient''; 3.6 ``More Information and Financial Innovations Are Good''; 3.7 ``More Liquidity Is Better''; 3.8 ``All Agents can Be Treated as if Acting the Same Way''; 3.9 ``Regulation can Fix the Imperfections of Economic Systems''; 3.10 ``Moral Behavior Is Good for Others, but Bad for Oneself''; 3.11 Summary; Further Reading; Chapter 4 ``Networked Minds'' Require a Fundamentally New Kind of Economics
Description / Table of Contents:
4.1 Evolution of ``Friendliness''4.2 Networked Minds Create a Cooperative Human Species; 4.3 A Participatory Kind of Economy; Chapter 5 A New Kind of Economy is Born-Social Decision-Makers Beat the ``Homo Economicus'' ; 5.1 Outdated Theory, Outdated Institutions; 5.2 New Institutions for a Global Information Society; 5.3 Benefits of a Self-Regulating Economy; 5.4 Economics 2.0: Emergence of a Participatory Market Society; References; Further Reading; Chapter 6 Global Networks Must be Redesigned; 6.1 Living in a Hyperconnected World; 6.2 Our Intuition of Systemic Risks is Misleading
Description / Table of Contents:
6.3 A Global Ticking Time Bomb?6.4 Global Networks Must be Redesigned; 6.5 Coming Era of Social Innovation; 6.6 Creating and Protecting Social Capital; Chapter 7 Big Data--A Powerful New Resource for the Twenty-first Century; 7.1 Data Sets Bigger than the Largest Library; 7.2 What Do Applications Look Like?; 7.3 The Potentials Are Great...; 7.4 ... but also the Implicit Risks; 7.5 The Digital Revolution Creates an Urgency to Act; 7.6 Europe can Become a Motor of Innovation for the Digital Era; References; Chapter 8 Google as God? Opportunities and Risks of the Information Age
Description / Table of Contents:
8.1 Introduction
Note:
Includes bibliographical references
URL:
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