Institutional Acceleration - The Consequences of Technological Change in a Digital Economy

List of contents

Introduction; 1. The supertransition thesis; 2. Vectors of technological change; 3. Combinatorial innovation and the supertransition; 4. Institutional acceleration; 5. An economy of digital institutions; 6. Adaptation and agency in the supertransition; References.

Summary

This Element develops a theory of institutional acceleration to explain the transformation to a digital economy through a cluster of frontier technologies: artificial intelligence, blockchain, quantum computing, cryptography, and low-earth orbit infrastructure. It also shows how this process reshapes our institutional economic architecture.

Foreword

A cluster of frontier technologies combine to radically reshape our economic institutions, faster.

Product details

• Authors: Darcy W. E. Allen, Darcy W. E. (Rmit University) Berg Allen, Chris Berg, Berg Chris, Jason Potts, Potts Jason
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Hardback
• Released: 30.06.2025
• EAN: 9781009638630
• ISBN: 978-1-0-0963863-0
• No. of pages: 88
• Series: Elements in Evolutionary Economics
• Subjects: Natural sciences, medicine, IT, technology > IT, data processing > General, dictionaries; Social sciences, law, business > Business > Economics; Artificial Intelligence, Economics, BUSINESS & ECONOMICS / Economics / General, computer science, Business innovation, E-commerce: business aspects, Coding theory & cryptology, Digital or internet economics, Distributed databases, Coding theory and cryptology, Distributed ledger technology / blockchain, Quantum computing and information, Natural computing / Quantum computing