Reinventing capitalism in the age of big data / Viktor Mayer-Schonberger and Thomas Ramge
Material type: TextPublication details: India John Murrary 2018Description: 273 pISBN:- 9781473656529
- 338.4700 SCH-V
Item type | Current library | Collection | Shelving location | Call number | Status | Date due | Barcode | Item holds | |
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Books | BITS Pilani Hyderabad | 330 | General Stack (For lending) | 338.4700 SCH-V (Browse shelf(Opens below)) | Available | 40839 |
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338.4562 BOC-T Site automation : | 338.4700 LEW-M New new thing : a silicon valley story / | 338.4700 PEI-C Live work work work die : a journey into the savage heart of silicon valley / | 338.4700 SCH-V Reinventing capitalism in the age of big data / | 338.470 VOG-F Dogfight : how apple and google went to war and started a revolution / | 338.470040954 NAT-G From start-up to global success : | 338.470040954 NIZ-N Decent work : |
A provocative look at how data is reinventing the market: where big firms will no longer be dominant. 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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