How Algorithms Rule The World – Business Engineering Systems (das Original)

Originally shared by Peter Bretscher

How Algorithms Rule The World

Good read – but keep in mind. The main rules are hidden in the (200 year old) economic theory.

The best algorithm cannot lead to better economy if they are the front end of a bad or inadequate economic model.

So: If you want to change the economy or world for betterness. Develop/invent an economic theory that provides a quantitative metric system for intangible assets and takes into account that values are subjective.

An economic framework that is based on tangible AND intagible resources.

And that ist the aim of „Project NEMO“ (NEMO = New/Next Economic Model) and INSEDE (Institute for Sustainable Economic Development).

A draft is in the „Business Engineering Systems“.

http://www.fastcompany.com/3000830/how-algorithms-rule-world?partner=newsletter