The Economy of Algorithms
AI and the Rise of the Digital Minions
Bristol University Press · Print & ebook · March 5, 2024
Welcome to the economy of algorithms.
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- Genres
- AI & Machine Learning, Economics, Tech Industry
- Published
- Bristol University Press, March 5, 2024
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Start with this bookAbout this book
Welcome to the economy of algorithms. It’s here and it’s growing. In the past few years, we have been flooded with examples of impressive technology. Algorithms have been around for hundreds of years, but they have only recently begun to ‘escape’ our understanding. When algorithms perform certain tasks, they’re not just as good as us, they’re becoming infinitely better, and, at the same time, massively more surprising.
Continue reading
We are so impressed by what they can do that we give them a lot of agency. But because they are so hard to comprehend, this leads to all kinds of unintended consequences. In the 20th century, things were simple: we had the economy of corporations. In the first two decades of the 21st century, we saw the emergence of the economy of people, otherwise known as the digital economy, enabled by the internet. Now we’re seeing a new economy take shape: the economy of algorithms.
Where it sits
| Tech Industry | 48% |
|---|---|
| Economics | 46% |
| AI & Machine Learning | 29% |
Percentages are BookFrontier’s reading of the book.
Publisher categories
- AI & Machine Learning
- Tech & Society
- Social Science
- Technology & Society
Show all 5 publisher categories
- Technology & Engineering
- Authors
- Marek Kowalkiewicz, Stephen Perring, Bristol University Press
- Publisher
- Bristol University Press
- Published
- March 5, 2024
- Format
- Print & ebook
- Reading lane
- AI & Machine Learning