When humans using the IT artifact becomes IT using the human artifact

Following Demetis & Lee (2016) who showed how systems theorizing can be conducted on the basis of a few systems principles, in this conceptual paper, we apply these principles to theorize about the systemic character of technology and investigate the role reversal in the relationship between humans and technology. By applying systems-theoretical requirements outlined by Demetis & Lee, we examine conditions for the systemic character of technology and, based on our theoretical discussion, we argue that humans can now be considered artifacts shaped and used by the (system of) technology rather than vice versa. We argue that the role reversal has considerable implications for the field of information systems that has thus far focused only on the use of the IT artifact by humans. We illustrate these ideas with empirical material from a well-known case from the financial markets: the collapse (“Flash Crash”) of the Dow Jones Industrial Average

When Humans Using the IT Artifact Becomes IT Using the Human Artifact

Following Lee & Demetis [20] who showed how systems theorizing can be conducted on the basis of a few systems principles, in this paper, we apply these principles to theorize about the systemic character of technology and investigate the role-reversal in the relationship between humans and technology. By applying systems-theoretical requirements outlined by Lee & Demetis, we examine conditions for the systemic character of technology and, based on our theoretical discussion, we argue that humans can now be considered artifacts shaped and used by the (system of) technology rather than vice versa. We argue that the role-reversal has considerable implications for the field of information systems that has thus far focused only on the use of the IT artifact by humans. We illustrate these ideas with empirical material from a well known case from the financial markets: the collapse (“Flash Crash”) of the Dow Jones Industrial Average

Application of Stationary Wavelet Support Vector Machines for the Prediction of Economic Recessions

This paper examines the efficiency of various approaches on the classification and prediction of economic expansion and recession periods in United Kingdom. Four approaches are applied. The first is discrete choice models using Logit and Probit regressions, while the second approach is a Markov Switching Regime (MSR) Model with Time-Varying Transition Probabilities. The third approach refers on Support Vector Machines (SVM), while the fourth approach proposed in this study is a Stationary Wavelet SVM modelling. The findings show that SW-SVM and MSR present the best forecasting performance, in the out-of sample period. In addition, the forecasts for period 2012-2015 are provided using all approaches

Performing the digital: performativity and performance studies in digital cultures

How is performativity shaped by digital technologies - and how do performative practices reflect and alter techno-social formations? "Performing the Digital" explores, maps and theorizes the conditions and effects of performativity in digital cultures. Bringing together scholars from performance studies, media theory, sociology and organization studies as well as practitioners of performance, the contributions engage with the implications of digital media and its networked infrastructures for modulations of affect and the body, for performing cities, protest, organization and markets, and for the performativity of critique. With contributions by Marie-Luise Angerer, Timon Beyes, Scott deLahunta and Florian Jenett, Margarete Jahrmann, Susan Kozel, Ann-Christina Lange, Oliver Leistert, Martina Leeker, Jon McKenzie, Sigrid Merx, Melanie Mohren and Bernhard Herbordt, Imanuel Schipper and Jens Schröter

Dialectic tensions in the financial markets: a longitudinal study of pre- and post-crisis regulatory technology

This article presents the findings from a longitudinal research study on regulatory technology in the UK financial services industry. The financial crisis with serious corporate and mutual fund scandals raised the profile of compliance as governmental bodies, institutional and private investors introduced a ‘tsunami’ of financial regulations. Adopting a multi-level analysis, this study examines how regulatory technology was used by financial firms to meet their compliance obligations, pre- and post-crisis. Empirical data collected over 12 years examine the deployment of an investment management system in eight financial firms. Interviews with public regulatory bodies, financial institutions and technology providers reveal a culture of compliance with increased transparency, surveillance and accountability. Findings show that dialectic tensions arise as the pursuit of transparency, surveillance and accountability in compliance mandates is simultaneously rationalized, facilitated and obscured by regulatory technology. Responding to these challenges, regulatory bodies continue to impose revised compliance mandates on financial firms to force them to adapt their financial technologies in an ever-changing multi-jurisdictional regulatory landscape

How ‘matter matters’ for morality : the case of a stock exchange

This work was supported by a Leverhulme Trust Research Fellowship - RF-2016-078.While matter clearly matters to organization theory, its absence from the study of organizational ethics is striking. Despite the obdurate materiality of the workplace, critical scholarship on organizations and morality sees ethics as interpersonal, subjective and embodied. Organizations, meanwhile, are characterised by moral anomie and dysfunction. This paper advances our understanding of the material entanglements of organizational morality, drawing on the science and technology studies inflected study of markets to show how moral orders arise in dialectic between the social and the material. It argues that moral orders are entangled in the material infrastructures of organizations. Its empirical case is the founding and development of a small-company focused stock exchange, OFEX, launched in London in 1995, accessed through elite interviews and documentary work. The paper seeks to develop our understanding of morality in critical organization studies, to further defend the Weberian notion of ‘ethics of office’ by emphasising the sociomaterial dimension of organizational morality, and to contribute to an ongoing renaissance of the study of morality as a sociological phenomenon. There are implications for managers and engaged scholars alike.Publisher PDFPeer reviewe