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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 manage the increasingly complex systems we are constructing, or would bottom-up approaches such as self-regulating systems be a better solution to creating a more innovative, more successful, more resilient, and ultimately happier society? Working at the interface of complexity theory, quantitative sociology and Big Data-driven risk and knowledge management, the author advocates the establishment of new participatory systems in our digital society to enhance coordination, reduce conflict and, above all, reduce the “tragedies of the commons,” resulting from the methods now used in political, economic and management decision-making. The author Physicist Dirk Helbing is Professor of Computational Social Science at the Department of Humanities, Social and Political Sciences and an affiliate of the Computer Science Department at ETH Zurich, as well as co-founder of ETH’s Risk Center. He is internationally known for the scientific coordination of the FuturICT Initiative which focuses on using smart data to understand techno-socio-economic systems. “Prof. Helbing has produced an insightful and important set of essays on the ways in which big data and complexity science are changing our understanding of ourselves and our society, and potentially allowing us to manage our societies much better than we are currently able to do. Of special note are the essays that touch on the promises of big data along with the dangers...this is material that we should all become familiar with!” Alex Pentland, MIT, author of Social Physics: How Good Ideas Spread - The Lessons From a New Science "Dirk Helbing has established his reputation as one of the leading scientific thinkers on the dramatic impacts of the digital revolution on our society and economy. Thinking Ahead is a most stimulating and provocative set of essays which deserves a wide audience.” Paul Ormerod, economist, and author of Butterfly Economics and Why Most Things Fail. "It is becoming increasingly clear that many of our institutions and social structures are in a bad way and urgently need fixing. Financial crises, international conflicts, civil wars and terrorism, inaction on climate change, problems of poverty, widening economic inequality, health epidemics, pollution and threats to digital privacy and identity are just some of the major challenges that we confront in the twenty-first century. These issues demand new and bold thinking, and that is what Dirk Helbing offers in this collection of essays. If even a fraction of these ideas pay off, the consequences for global governance could be significant. So this is a must-read book for anyone concerned about the future." Philip Ball, science writer and author of Critical Mass “This collection of papers, brought together by Dirk Helbing, is both timely and topical. It raises concerns about Big Data, which are truly frightening and disconcerting, that we do need to be aware of; while at the same time offering some hope that the technology, which has created the previously unthought-of dangers to our privacy, safety and democracy can be the means to address these dangers by enabling social, economic and political participation and coordination, not possible in the past. It makes for compelling reading and I hope for timely action.”Eve Mitleton-Kelly, LSE, author of Corporate Governance and Complexity Theory and editor of Co-evolution of Intelligent Socio-technical Systems
This book argues that the apparent omnipotence of algorithms today is not what it seems, particularly, in marketing, where they actually offer less than they could. Considering the reasons behind this, it also notes that Big Data has relaunched a kind of data glorification and automated procedures that, culturally, marketing has already recognized and overcome at least once. This first generation of “programmatic marketing”, which the giants of the digital economy launched 15 years ago and consolidated worldwide, can be significantly improved, with corresponding business results as well, but, first, as this book shows, we need to know which strategic and cultural boundaries impact Big Data.
This new collection of essays follows in the footsteps of the successful volume Thinking Ahead - Essays on Big Data, Digital Revolution, and Participatory Market Society, published at a time when our societies were on a path to technological totalitarianism, as exemplified by mass surveillance reported by Edward Snowden and others. Meanwhile the threats have diversified and tech companies have gathered enough data to create detailed profiles about almost everyone living in the modern world - profiles that can predict our behavior better than our friends, families, or even partners. This is not only used to manipulate peoples’ opinions and voting behaviors, but more generally to influence consumer behavior at all levels. It is becoming increasingly clear that we are rapidly heading towards a cybernetic society, in which algorithms and social bots aim to control both the societal dynamics and individual behaviors. span lang="EN-US" style="font-family: However there are also silver linings: most of the threats that have accumulated over the past years have been identified and regulations are on the way to being introduced. Furthermore, entirely novel approaches based on blockchain technology and other developments derived from complexity science offer the possibility of entirely redefining collective trust and building platforms to support our core societal values. span lang="EN-US" style="font-family: This book conveys an encouraging vision of the future and provides a sketch of how it may look: The road to digital enlightenment is still open, but it needs to be taken now./pbrp
"Digital transformation" sounds harmless, given that the explosion in data volumes, processing power and Artificial Intelligence has driven humanity and the entire world to a point of no return. We will surely see a new civilization, but we are at a crossroads. The future needs to be re-invented, decisions must be taken. After the automation of factories and the creation of self-driving cars, the automation of society is on its way. But there are two kinds of automation: a centralized top-down control of the world and a distributed control approach, supporting local self-organization. Using the power of today’s information systems, governments and big tech companies seem to engage in the first approach. Might they even build a „digital Crystal Ball“ that knows almost everything, including your personality, and a super-intelligent "digital God“ to control what we do? We are much closer to such „science fiction scenarios“ than you probably think. In this much expanded second edition of "The Automation of Society is Next: How to Survive the Digital Revolution" (2015), the author discusses lessons learned on digital democracy, aspects of transhumanism and far-reaching thoughts about life in the digital age and what it may mean to be human in the future.
Big Data permeates all aspects of modern life, and while there is no shortage of potential benefits resulting from this, author Henrik Skaug Sætra argues that we must also understand the threats Big Data poses to liberty. The issues discussed in Big Data's Threat to Liberty: Surveillance, Nudging, and the Curation of Information are related to how we are constantly under surveillance. Data is gathered from our homes, our cars, our smartphones, various devices around the house, and public sources such as facial recognition enabled camera surveillance and various websites and social networks. Furthermore, the information gathered is used to influence our actions. Detailed personality profiles are utilized in order to make us purchase products and services, or pay our taxes, through tailor-made nudges aimed at irrational and subconscious mechanisms, and delivered with a level of precision only possible with Big Data-driven algorithmic curation of data. Finally, the information we receive through various media is curated by algorithms, and even people are curated in order to satisfy our desires. By providing us with what the algorithm believes we want, we are spared from the exposure of unpleasant information, and even unpleasant people. The ideological landscapes we traverse are thus characterized by conformity, and a concomitant tyranny of popular opinion becomes ever more coercive as this occurs.The question is: How does being constantly watched, manipulated, and having our world-views shaped as just described affect our freedom? In this book it is argued that Big Data's threat to individual liberty is routinely misunderstood and underappreciated due to (a) vagueness resulting from the concept of liberty being used without it being defined, or (b) the use of definitions based on flawed understandings of what liberty is. In this new and unique contribution to the ethics of Big Data and artificial intelligence, both these challenges are thoroughly addressed. - Explanation of key Big Data–related technologies and how they affect modern society, including explanation of surveillance technologies and nudging algorithms, and how Big Data, Machine Learning, and Artificial Intelligence algorithms are used to tailor and mold opinion - Conceptualization of the term liberty, making the concept tangible, as a clear understanding of various forms of liberty enables a proper debate about the effects of technology on liberty, and a debate about what sort of liberty we value - A thorough technical explanation of how Big Data influences individuals by way of surveillance that allows for detailed personality profiles, nudging, and the algorithmic curation of information
Herbert Simon’s renowned theory of bounded rationality is principally interested in cognitive constraints and environmental factors and influences which prevent people from thinking or behaving according to formal rationality. Simon’s theory has been expanded in numerous directions and taken up by various disciplines with an interest in how humans think and behave. This includes philosophy, psychology, neurocognitive sciences, economics, political science, sociology, management, and organization studies. The Routledge Handbook of Bounded Rationality draws together an international team of leading experts to survey the recent literature and the latest developments in these related fields. The chapters feature entries on key behavioural phenomena, including reasoning, judgement, decision making, uncertainty, risk, heuristics and biases, and fast and frugal heuristics. The text also examines current ideas such as fast and slow thinking, nudge, ecological rationality, evolutionary psychology, embodied cognition, and neurophilosophy. Overall, the volume serves to provide the most complete state-of-the-art collection on bounded rationality available. This book is essential reading for students and scholars of economics, psychology, neurocognitive sciences, political sciences, and philosophy.
In the face of rising complexity and systemic risks, policy-making appears at a breaking point. If business and public leaders hope to create a sustainable and responsive economy, they will need to break from traditional governance and embrace new, innovative solutions. Adopting new practices will be essential for our ability to detect and solve unprecedented challenges of the 21st century. After all, "to the man who only has a hammer, everything he encounters starts to look like a nail." It is high time to augment the policymaker's toolbox. This article collection helps point the way forward. Gathering a distinguished panel of complexity experts and policy innovators, it provides concrete examples of promising insights and tools, drawing from complexity science, the digital revolution and interdisciplinary approaches.
An interdisciplinary volume of essays identifying the impact of technology on the age-old cultural practice of collecting, as well as the opportunities and pitfalls of collecting in the digital era.
The temporal and spatial intersection of information and telecommunication technologies, creative and knowledge economies, and related new manufacturing systems, has been leading to significant effects on urban socioeconomic and spatial configurations and public policies. Specifically, the post-crisis emergence of innovative workplaces to accommodate these changes, is creating socioeconomic and spatial features that are only recently beginning to be explored in the scholarly literature. According to this scenario, this edited book offers a variety of avenues for exploring the relationships between contemporary production activities and new workplaces in several urban contexts. In particular, it focuses on the consequences of these relationships in terms of regeneration of the urban fabric, as well as on their implication in terms of urban policies. This book represents early observation of the fast-growing phenomenon of new productive activities and workplaces against the background of the gig economy and sharing economy paradigms. Central to this discussion is the investigation of the connection between digital technologies, new works and workplaces, and urban change processes and projects, by providing an additional contribution to new urban agendas for contemporary cities. The chapters originally published as a special issue in the Journal of Urban Technology.
Written by some of the founders of complexity theory and complexity theories of cities (CTC), this Handbook expertly guides the reader through over forty years of intertwined developments: the emergence of general theories of complex self-organized systems and the consequent emergence of CTC.