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Eric Beinhocker & Diane Coyle on Rethinking Economics for A Sustainable & Prosperous World (EPE 02)

COMPLEXITY

NOTE

The Data Economy Is Not Just More Data Is Better

In the digital world, we're organizing bits into something that meets our needs or provides service to us. The thing about softwher that's different than much of the physical world is that organizing of things to meet your needs can happen at a much, much faster pace. And one way to interpret what's going on in tech is that it's evolving value in a different and faster way than we've seen in the more physically based economy That we've had previously.

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