Blockchain, Leadership And Management: Business AS Usual Or Radical Disruption?

The Internet provided the world with interconnection. However, it did not provide it with trust. Trust is lacking everywhere in our society and is the reason for the existence of powerful intermediaries aggregating power. Trust is what prevents the digital world to take over. This has consequences for organisations: they are inefficient because time, energy, money and passion are wasted on verifying everything happens as decided. Managers play the role of intermediaries in such case: they connect experts with each others and instruct them of what to do. As a result, in our expert society, people's engagement is low because no one is there to inspire and empower them. In other words, our society faces an unprecedented lack of leadership. Provided all those shortcomings, the study imagines the potential repercussions, especially in the context of management, of implementing a blockchain infrastructure in any type of organisation. Indeed, the blockchain technology seems to be able to remedy to those issues, for this distributed and immutable ledger provides security, decentralisation and transparency. In the context of a blockchain economy, the findings show that value creation will be rearranged, with experts directly collaborating with each others, and hierarchy being eliminated. This could, in turn, render managers obsolete, as a blockchain infrastructure will automate most of the tasks. As a result, only a strong, action-oriented, leadership would maintain the organisation together. This leadership-in-action would consist in igniting people to take action; coach members of the organisations so that their contribution makes sense in the greater context of life

Knowledge Society and the flat World of Thomas L. Friedman

The traditional society became lately the knowledge society. As the name states, knowledge is the most important asset of our times. There are different opinions on knowledge society and on globalization, but we will deal in this paper with Thomas Friedman’s flat world. The world got smaller with the developments in information and communication technology. Globalization has three periods and ten flatteners widely described by Friedman in his book. Technology changes the way we communicate, collaborate and share our knowledge.knowledge society, information technology, globalization, flattener

Conversations on a probable future: interview with Beatrice Fazi

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Auto-Modernity after Postmodernism: Autonomy and Automation in Culture, Technology, and Education

Part of the Volume on Digital Young, Innovation, and the UnexpectedThis chapter argues that in order to understand the implications of how digital youth are now using new media and technologies in unexpected and innovative ways, we have to rethink many of the cultural oppositions that have shaped the Western tradition since the start of the modern era. To be precise, we can no longer base our analysis of culture, identity, and technology on the traditional conflicts between the public and the private, the subject and the object, and the human and the machine. Moreover, the modern divide pitting the isolated individual against the impersonal realm of technological mechanization no longer seems to apply to the multiple ways young people are using new media and technologies. In fact, this chapter argues that we have moved into a new cultural period of automodernity, and a key to this cultural epoch is the combination of technological automation and human autonomy

FinBook: literary content as digital commodity

This short essay explains the significance of the FinBook intervention, and invites the reader to participate. We have associated each chapter within this book with a financial robot (FinBot), and created a market whereby book content will be traded with financial securities. As human labour increasingly consists of unstable and uncertain work practices and as algorithms replace people on the virtual trading floors of the worlds markets, we see members of society taking advantage of FinBots to invest and make extra funds. Bots of all kinds are making financial decisions for us, searching online on our behalf to help us invest, to consume products and services. Our contribution to this compilation is to turn the collection of chapters in this book into a dynamic investment portfolio, and thereby play out what might happen to the process of buying and consuming literature in the not-so-distant future. By attaching identities (through QR codes) to each chapter, we create a market in which the chapter can ‘perform’. Our FinBots will trade based on features extracted from the authors’ words in this book: the political, ethical and cultural values embedded in the work, and the extent to which the FinBots share authors’ concerns; and the performance of chapters amongst those human and non-human actors that make up the market, and readership. In short, the FinBook model turns our work and the work of our co-authors into an investment portfolio, mediated by the market and the attention of readers. By creating a digital economy specifically around the content of online texts, our chapter and the FinBook platform aims to challenge the reader to consider how their personal values align them with individual articles, and how these become contested as they perform different value judgements about the financial performance of each chapter and the book as a whole. At the same time, by introducing ‘autonomous’ trading bots, we also explore the different ‘network’ affordances that differ between paper based books that’s scarcity is developed through analogue form, and digital forms of books whose uniqueness is reached through encryption. We thereby speak to wider questions about the conditions of an aggressive market in which algorithms subject cultural and intellectual items – books – to economic parameters, and the increasing ubiquity of data bots as actors in our social, political, economic and cultural lives. We understand that our marketization of literature may be an uncomfortable juxtaposition against the conventionally-imagined way a book is created, enjoyed and shared: it is intended to be

Computational entrepreneurship: from economic complexities to interdisciplinary research

The development of technology is unbelievably rapid. From limited local networks to high speed Internet, from crude computing machines to powerful semi-conductors, the world had changed drastically compared to just a few decades ago. In the constantly renewing process of adapting to such an unnaturally high-entropy setting, innovations as well as entirely new concepts, were often born. In the business world, one such phenomenon was the creation of a new type of entrepreneurship. This paper proposes a new academic discipline of computational entrepreneurship, which centers on: (i) an exponentially growing (and less expensive) computing power, to the extent that almost everybody in a modern society can own and use that; (ii) omnipresent high-speed Internet connectivity, wired or wireless, representing our modern day’s economic connectomics; (iii) growing concern of exploiting “serendipity” for a strategic commercial advantage; and (iv) growing capabilities of lay people in performing calculations for their informed decisions in taking fast-moving entrepreneurial opportunities. Computational entrepreneurship has slowly become a new mode of operation for business ventures and will likely bring the academic discipline of entrepreneurship back to mainstream economics

Technology as an observing system : a 2nd order cybernetics approach

The role of technology in modern society is becoming fundamental to society itself as the boundary between technological utilization and technological interference narrows. Technology penetrates the core of an ever-increasing number of application domains. It exerts considerable influence over institutions, often in subtle ways that cannot be fully understood, and the effects of which, cannot be easily demarcated. Also, the ever-expanding ecosystem of Information and Communication Technologies (ICTs) results in an emergent complexity with unpredictable consequences. Over the past decades this has created a tension that has led to a heated debate concerning the relationship between the technical and the social. Some theorists subsume the technical into the social, others proclaim its domination, others its autonomy, while yet others suggest that it is a derivative of the social. Starting with Luhmann’s remark that technology determines what we observe and what we do not observe, this paper takes the approach that infers there are multiple benefits by looking into how Systems Theory can provide a coherent theoretical platform upon which these interactions can be further explored. It provides a theoretical treatise that examines the conditions through which the systemic nature of technology can be inspected. Also, the paper raises a series of questions that probe the nature of technological interference in other ‘function-systems’ of society (such as the economy, science, politics, etc). To achieve this goal, a 2nd order cybernetics approach is employed (mostly influenced by the works of Niklas Luhmann), in order to both investigate and delineate the impact of technology as system. Toward that end, a variety of influences of Information Systems (IS) are used as examples, opening the door to a complexity that emerges out of the interaction of technology with its socio-economic and political context. The paper describes technology as an observing system within the context of 2nd order cybernetics, and looks into what could be the different possibilities for a binary code for that system. Finally, the paper presents a framework that synthesizes relevant systems theoretical concepts in the context of the systemic character of technology