Reinventing Capitalism in the Age of Big Data

Reinventing Capitalism in the Age of Big Data
Author: Viktor Mayer-Schönberger
Publisher: Basic Books
Total Pages: 239
Release: 2018-02-27
Genre: Business & Economics
ISBN: 0465093698

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From the New York Times bestselling author of Big Data, a prediction for how data will revolutionize the market economy and make cash, banks, and big companies obsolete In modern history, the story of capitalism has been a story of firms and financiers. That's all going to change thanks to the Big Data revolution. As Viktor Mayer-Schörger, bestselling author of Big Data, and Thomas Ramge, who writes for The Economist, show, data is replacing money as the driver of market behavior. Big finance and big companies will be replaced by small groups and individual actors who make markets instead of making things: think Uber instead of Ford, or Airbnb instead of Hyatt. This is the dawn of the era of data capitalism. Will it be an age of prosperity or of calamity? This book provides the indispensable roadmap for securing a better future.

Reinventing Capitalism in the Digital Age

Reinventing Capitalism in the Digital Age
Author: Stephen Denning
Publisher: Cambridge University Press
Total Pages: 0
Release: 2022-12-15
Genre: Business & Economics
ISBN: 9781009332842

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This Element examines the current crisis of capitalism's legitimacy and concludes that it derives principally from business pursuing an aberration of capitalism known as shareholder capitalism, in which firms sought to maximize shareholder value as reflected in the current share price, at the expense of all other stakeholders and society. Shareholder capitalism began in the 1970s and was renounced by the Business Roundtable in 2019, but continues behind a façade of stakeholder capitalism. Stakeholder capitalism is the most widely cited form of capitalism today, but it is incoherent as a practical guide to action for an entire firm. This Element concludes that a recent evolution of capitalism--customer capitalism--which gives primacy to co-creating value for customers and users, enables firms to master the challenges of the digital age, shower benefits on society, and meet the needs of all the stakeholders.

Big Data

Big Data
Author: Viktor Mayer-Schönberger
Publisher: Houghton Mifflin Harcourt
Total Pages: 257
Release: 2013
Genre: Business & Economics
ISBN: 0544002695

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A exploration of the latest trend in technology and the impact it will have on the economy, science, and society at large.

Big Data

Big Data
Author: Viktor Mayer-Schönberger
Publisher: Harper Business
Total Pages: 0
Release: 2014
Genre: Computers
ISBN: 9780544227750

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Explores the idea of big data, which refers to our newfound ability to crunch vast amounts of information, analyze it instantly, and draw profound and surprising conclusions from it.

Too Smart

Too Smart
Author: Jathan Sadowski
Publisher: MIT Press
Total Pages: 253
Release: 2020-03-24
Genre: Social Science
ISBN: 0262357941

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Who benefits from smart technology? Whose interests are served when we trade our personal data for convenience and connectivity? Smart technology is everywhere: smart umbrellas that light up when rain is in the forecast; smart cars that relieve drivers of the drudgery of driving; smart toothbrushes that send your dental hygiene details to the cloud. Nothing is safe from smartification. In Too Smart, Jathan Sadowski looks at the proliferation of smart stuff in our lives and asks whether the tradeoff—exchanging our personal data for convenience and connectivity—is worth it. Who benefits from smart technology? Sadowski explains how data, once the purview of researchers and policy wonks, has become a form of capital. Smart technology, he argues, is driven by the dual imperatives of digital capitalism: extracting data from, and expanding control over, everything and everybody. He looks at three domains colonized by smart technologies' collection and control systems: the smart self, the smart home, and the smart city. The smart self involves more than self-tracking of steps walked and calories burned; it raises questions about what others do with our data and how they direct our behavior—whether or not we want them to. The smart home collects data about our habits that offer business a window into our domestic spaces. And the smart city, where these systems have space to grow, offers military-grade surveillance capabilities to local authorities. Technology gets smart from our data. We may enjoy the conveniences we get in return (the refrigerator says we're out of milk!), but, Sadowski argues, smart technology advances the interests of corporate technocratic power—and will continue to do so unless we demand oversight and ownership of our data.

Edge of Chaos

Edge of Chaos
Author: Dambisa Moyo
Publisher: Basic Books
Total Pages: 320
Release: 2018-04-24
Genre: Business & Economics
ISBN: 0465097472

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From an internationally acclaimed economist, a provocative call to jump-start economic growth by aggressively overhauling liberal democracy Around the world, people who are angry at stagnant wages and growing inequality have rebelled against established governments and turned to political extremes. Liberal democracy, history's greatest engine of growth, now struggles to overcome unprecedented economic headwinds--from aging populations to scarce resources to unsustainable debt burdens. Hobbled by short-term thinking and ideological dogma, democracies risk falling prey to nationalism and protectionism that will deliver declining living standards. In Edge of Chaos, Dambisa Moyo shows why economic growth is essential to global stability, and why liberal democracies are failing to produce it today. Rather than turning away from democracy, she argues, we must fundamentally reform it. Edge of Chaos presents a radical blueprint for change in order to galvanize growth and ensure the survival of democracy in the twenty-first century.

Peers Inc

Peers Inc
Author: Robin Chase
Publisher: PublicAffairs
Total Pages: 305
Release: 2015-06-09
Genre: Business & Economics
ISBN: 1610395557

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When Robin Chase cofounded Zipcar, she not only started a business but established the foundation for one of the most important economic and social ideas of our time: the collaborative economy. With this important book, she broadens our thinking about the ways in which the economy is being transformed and shows how the Peers Inc model is changing the very nature of capitalism. When the best of people power is combined with the best of corporate power to form "Peers Inc" organizations, a potent creative force is released. The "Inc" in these collaborations delivers the industrial strengths of significant scale and resources, and the "Peers" bring together the individual strengths of localization, specialization, and customization, unlocking the power of the collaborative economy. When excess capacity is harnessed by the platform and diverse peers participate, a completely new dynamic is unleashed. In Peers Inc, Robin Chase brings her provocative insights to work, business, the economy, and the environment, showing: How focusing on excess capacity transforms the economics of what's possible and delivers abundance to all How the new collaboration between the Inc and the Peers enables companies to grow more quickly, learn faster, and deliver smarter products and services How leveraging the Peers Inc model can address climate change with the necessary speed and scale How the Peers Inc model can help legacy companies overcome their shortening life cycle by inviting innovation and evolution Why power parity between the Peers and the Inc is a prerequisite for long-term success How platforms can be built within the existing financial system or outside of it What government can do to enhance economic possibility and protect people working in this new decentralized world Chase casts a wide net, illuminating the potential of the Peers Inc model to address broader issues such as climate change and income inequality, and proves the impact that this innovative economic force can have on the most pressing issues of our time.

Rise of the Robots

Rise of the Robots
Author: Martin Ford
Publisher: Basic Books
Total Pages: 353
Release: 2015-05-05
Genre: Business & Economics
ISBN: 0465040675

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The New York Times-bestselling guide to how automation is changing the economy, undermining work, and reshaping our lives Winner of Best Business Book of the Year awards from the Financial Times and from Forbes "Lucid, comprehensive, and unafraid . . . ;an indispensable contribution to a long-running argument." -- Los Angeles Times What are the jobs of the future? How many will there be? And who will have them? As technology continues to accelerate and machines begin taking care of themselves, fewer people will be necessary. Artificial intelligence is already well on its way to making "good jobs" obsolete: many paralegals, journalists, office workers, and even computer programmers are poised to be replaced by robots and smart software. As progress continues, blue and white collar jobs alike will evaporate, squeezing working -- and middle-class families ever further. At the same time, households are under assault from exploding costs, especially from the two major industries-education and health care-that, so far, have not been transformed by information technology. The result could well be massive unemployment and inequality as well as the implosion of the consumer economy itself. The past solutions to technological disruption, especially more training and education, aren't going to work. We must decide, now, whether the future will see broad-based prosperity or catastrophic levels of inequality and economic insecurity. Rise of the Robots is essential reading to understand what accelerating technology means for our economic prospects-not to mention those of our children-as well as for society as a whole.

Big Data

Big Data
Author: Viktor Mayer-Schönberger
Publisher: John Murray Press
Total Pages: 320
Release: 2017
Genre: Business & Economics
ISBN: 9781473647206

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Explores the idea of big data, which refers to our new found ability to crunch vast amounts of information, analyze it instantly, and draw profound and surprising conclusions from it.