For most part of human life on the planet, humans have been an insignificant species, barely noticeable to anybody from another world visiting Earth nor from other species coexisting with them. From the point of view of humans, however, this species was the most important one, particularly so once they …
Read More »The economics of the Digital Transformation – XXIV
Multiplication of use of knowledge through instantiation A CDT is a software entity (data and, possibly, processing capability at stage III and IV) and as such it can be instantiated, i.e. copies can be created and activated at the same time. However, the nature of a CDT (as well, although …
Read More »The economics of the Digital Transformation – XXIII
Exploitation of knowledge in the cyberspace A CDT at stage IV becomes a knowledge entity that can be sold as a whole or by granting access to a subset of its knowledge space, through APIs. A CDT can advertise itself, its “executable” knowledge in various ways and there will likely …
Read More »The economics of the Digital Transformation – XXI
– Search for knowledge in the network of CDT Within a company several CDTs may form a network of knowledge. In turn this can be mirrored by a CDT (the firm CDT) or it may exist as a network. That would be the case when CDTs are mirroring knowledge of …
Read More »The economics of the Digital Transformation – XX
– Improve cooperative working exploiting complementary knowledge CDTs can be considered as active knowledge repositories: the keypoint is “active”. They can establish relations with other CDTs and explore the cyberspace to become aware of new knowledge and how that knowledge complement / obsolete their own knowledge. Within a firm there …
Read More »The economics of the Digital Transformation – XIX
Exploitation of Knowledge Digital Twins Digital twins are used by industry to mirror production processes and products. This mirroring is becoming more and more extensive to cover knowledge aspects. The adoption of Personal Digital Twins to mirror a person knowledge, Cognitive Digital Twin -CDT-is just a natural further step. The …
Read More »The economics of the Digital Transformation – XVIII
Machine Knowledge and Economic Value IBM has possibly been the first to “sell” machine knowledge by using Watson. Watson is not like previous expert systems that were crafted to suit a very specific task through algorithms created for that purpose. It is an “almost” general purpose intelligence that can be …
Read More »The economics of the Digital Transformation – XVII
The Gig Economy of Machines In addition to the previous factors that are pushing towards an increase of the Gig Economy, one should also consider the changes introduced by the Digital Transformation that lead to a major reshape of the business environment: The rise of globally reaching platforms playing the …
Read More »The economics of the Digital Transformation – XVI
The rise of high skill – high knowledge Gig Economy Quite often, the Gig Economy is associated to low level expertise, little jobs that are sometimes taken on the side to make up a little money, jobs that would not be chosen by persons with good knowledge and skill. These …
Read More »The economics of the Digital Transformation – XV
Gig Economy The Gig Economy has been part of the global economy since trade and commerce were invented. Actually, one might claim that the Gig Economy pre-date all other forms of economy. Industry and organised commerce came relatively late in the history of humankind. In the beginning there were only …
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