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The economic philosophy of the internet of things

Author: James Juniper
Publisher: Milton Park, Abingdon, Oxon ; New York, NY : Routledge, 2018.
Series: Routledge studies in the economics of innovation.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"To properly understand the nature of the digital economy we need to investigate the phenomenon of a "ubiquitous computing system" (UCS). As defined by Robin Milner, this notion implies the following characteristics: (i) it will continually make decisions hitherto made by us; (ii) it will be vast, maybe 100 times today's systems; (iii) it must continually adapt, on-line, to new requirements; and, (iv) individual  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Juniper, James, 1954-
Economic philosophy of the internet of things.
Milton Park, Abingdon, Oxon ; New York, NY : Routledge, 2018
(DLC) 2018004210
(OCoLC)1019607141
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: James Juniper
ISBN: 9781351069229 1351069225 9781351069243 1351069241 9781351069243 9781351069236 1351069233 9781351069212 1351069217
OCLC Number: 1042329751
Description: 1 online resource.
Contents: Introduction: post-cognitivism and the digital economy --
Transcendental empiricism: from Schelling to Benjamin and Bloch --
Bourdieu and structuralism --
"Co-creation" in the creative industries: a new neo-liberal technology of self? --
Neoliberalism, "digitization", and creativity: the issue of applied ontology --
Ubiquitous computing systems and the digital economy --
The use of diagrammatic reasoning in teaching economics for the digital economy --
Category-theoretic approaches to semantic technologies.
Series Title: Routledge studies in the economics of innovation.
Responsibility: James Juniper.

Abstract:

"To properly understand the nature of the digital economy we need to investigate the phenomenon of a "ubiquitous computing system" (UCS). As defined by Robin Milner, this notion implies the following characteristics: (i) it will continually make decisions hitherto made by us; (ii) it will be vast, maybe 100 times today's systems; (iii) it must continually adapt, on-line, to new requirements; and, (iv) individual UCSs will interact with one another. This book argues that neoclassical approaches to modelling economic behaviour based on optimal control by "representative-agents" are ill-suited to a world typified by concurrency, decentralized control, and interaction. To this end, it argues for the development of new, process-based approaches to analysis, modelling and simulation. The book provides the context--both philosophical and mathematical--for the construction and application of new, rigorous, and meaningful analytical tools. In terms of social theory, it adopts a Post-Cognitivist approach, the elements of which include the nature philosophy of Schelling, Marx's critique of political economy, Peircean Pragmatism, Whitehead's process philosophy, and Merleau-Ponty's phenomenology of the flesh, along with cognitive scientific notions of embodied cognition and neural Darwinism, as well as more questionable notions of artificial intelligence that are encompassed by the rubric of "perception-and-action-without-intelligence""--

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