The nature of technology

In this book, W. Brian Arthur explains how new technologies emerge through a process akin to evolution, where existing technologies combine to form new ones.

He introduces the concept of 'combinatorial evolution,' where technologies build upon previous ones, much like a coral reef.

Arthur also discusses how technology and science co-evolve in a symbiotic relationship, with each driving the advancement of the other.

The book addresses the structural impact of technology on the economy and highlights the intermingling of technology and biology in modern advancements.