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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.
A penetrating guide to artificial intelligence: what it is, what it does, and how it will change our lives At a breathtaking pace, artificial intelligence is getting better and faster at making complex decisions. AI can already identify malignant tumors on CT scans, give legal advice, out-bluff the best poker players in the world, and, with ever-increasing skill, drive our cars. In Who’s Afraid of AI?, award-winning author Thomas Ramge expertly explains how machines are learning to learn, and he questions what today’s explosion of AI capability could mean for tomorrow: Is it ethical to allow robots—endlessly patient—to replace human caregivers in providing comfort and companionship to the elderly? Since AI feeds on big data, can we prevent its misuse by corporations or the government? Will AI ever be capable of runaway self-improvement? And if “the singularity” does arrive, with AI’s intelligence exponentially outpacing our own, what will become of us when, in many ways, we’re obsolete?
An ingeniously conceived tour of the global economy and all its key components, illuminated one by one in 99 large-scale, full-color infographics The economy is a complex, world-spanning, layer-upon-layer-upon-layer behemoth: One could argue that almost every aspect of our lives is connected to the realms of business and finance. And yet few of us truly understand it—even the world’s foremost economists can’t seem to agree on how it runs. The Global Economy as You’ve Never Seen It presents 99 brilliant infographics that everyone can understand. From start-ups to monopolies, from trade agreements to theory, author Thomas Ramge and infographic specialist Jan Schwochow bring every facet of the economic web to life. Economics connects us all, from what we buy, to how we buy it, who made it, and where. See the economy differently—and the world.
The power of information -- Data alchemy -- Schumpeter's nightmare -- Data capitalism -- Might and machines -- Access rules -- Open data reloaded -- The end of data colonialism.
The pandemic, the climate crisis, work – today's world isn't short of challenges. Social injustice. And technology that is slowly but steadily creeping into every aspect of our lives. But what if the answers to the big questions aren't found in simplistic technocracy or a mood of the-end-is-nigh? Florian Hoffmann is a founder and social entrepreneur. For years, he has been talking to, and working with, people around the world who, like himself, want to make a contribution to a more sustainable, fairer and positive future. In Our New World (Die Neue Welt), he takes the reader on an expedition to the places and people that have already arrived in this future: young entrepreneurs, innovators,...
EQUITY STORYTELLING: how to use the right equity story to raise the value of your company. In no other context are stories more valuable than in venture capital, private equity, M&As and IPOs. If you want to sell a business, you should know techniques used by the people who actually make a living from selling stories. For this you need a hero, a villain, a turning point and a happy end.Because: AN EQUITY STORY IS STILL A $TORYThis book teaches you, how to do it!
This book traces the academic footprint of Hanns Ullrich. Thirty contributions revolve around five central topics of his oeuvre: the European legal order, competition law, intellectual property, the regulation of new technologies, and the global market order. Acknowledging him as a trailblazer, the book aims to capture how deeply Hanns Ullrich has influenced contemporaries and subsequent generations of scholars. The contributors re-iterate the path-breaking patterns of his teachings, such as his contemplation of intellectual property as embedded in competition, the necessity of balancing private and public interests in intellectual property law, the policies of market integration, and the peculiar relationship of technological advancement and protectionism.
Organizations now measure and rank nearly every aspect of our lives, using data to make predictions about our purchasing power, tastes, and character. The Ordinal Society shows how these predictions structure life chances, producing a hollow morality that launders familiar forms of social advantage into an illusion of merit.
This work is intended to arouse interest in the use of artificial intelligence (AI) when coating components. The first chapter is introducing the concept of the book, while chapter two deals with the current state of the art in the field of painting. The third chapter discusses what is AI in all possible variations and applications as well as research. The fourth chapter then lists examples of the use of AI in the painting process. It will turn out that our paintwork will be significantly improved, more cost-effective and more ecological using AI. Finally, Chapter 5 of this work addresses the consequences and effects of using artificial intelligence in the painting process.
From time immemorial, humans have been making deals, consuming goods, cultivating interests, thereby manifesting specific forms of life. Now, these forms of life solidify automatically by transforming into data. Webfare, a form of digital welfare, seeks to initiate a Copernican revolution that places need instead of merit at the center of society. In 21st-century welfare, consumption and production will be considered as the two faces of the same reality. The possibility to create new value is precisely what sets Webfare apart from traditional welfare: it recognizes the new value created by the Web, and aims to use it for everyone's well-being.